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DEBT ASSISTANCE AT MNP LTD IN VIMONT, QUÉBEC

If you’re overwhelmed by personal debt — and short-term solutions are only sinking you deeper into the cycle of debt — it’s time to consider a long-term approach. This is exactly what sets MNP LTD apart. We offer a range of Life-Changing Debt Solutions that focus on helping you get rid of debt for good. You’ll work privately with one of our Licensed Insolvency Trustees in Vimont, where together we’ll develop a custom plan that works with your unique needs and circumstances. We’re here to help you get your finances in check, so you can make a debt-free future a reality.

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Navigate your options with our Licensed Insolvency Trustees

Your local MNP LTD Licensed Insolvency Trustee in Vimont is always here to discuss all the solutions that may be available to you, including:

DEBT RELIEF

At MNP LTD, we recognize that every debt challenge is different. This is why your local Licensed Insolvency Trustee will take the time to help you understand your solutions and select the most appropriate path to take. We’re here to provide unbiased, non-judgemental guidance, support and advice every step of the way, so you can put an end to your debt for good.

BANKRUPTCY

Filing for bankruptcy is a structured, formal process that gives you the opportunity to start fresh with your finances. One of our local Licensed Insolvency Trustees will guide you through every step of the process, including the preparation and filing of all mandatory paperwork, notifying creditors, stopping wage garnishments and helping avert any further legal action against you.

CONSUMER PROPOSAL

The consumer proposal process is administered by a Licensed Insolvency Trustee and involves developing a formal, legally binding offer to your creditors that sets out a plan for paying back a portion of your unsecured debts over a period of up to five years. One of the advantages of a consumer proposal is that it allows you to keep assets that might otherwise be seized in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan combines all of your debts into a single monthly payment, typically at a lower interest rate than your credit card debt. With only one monthly debt payment to stay on top of, debt consolidation can make it easier to budget and pay bills on time. As Licensed Insolvency Trustees, we are accredited insolvency counsellors who will guide you through your options, so you can choose the best path to a debt-free future.

INSOLVENCY

While insolvency is often confused with bankruptcy, the two are not the same: bankruptcy is a formal legal process, and insolvency is a financial state in which an individual is unable to pay back lenders on time. While insolvency can lead to filing for bankruptcy, there may be other debt relief solutions to consider, including debt consolidation loans or a consumer proposal.

When it comes to finding the right debt solution, understanding your options is fundamental. From learning the key differences between bankruptcy and a consumer proposal to understanding what’s involved in the process of consolidating credit, you can count on your local MNP LTD bankruptcy trustee in Vimont to guide you every step of the way. Start today with a free confidential consultation.