Claresholm
Lethbridge, AB
T1J 4V1
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LICENSED INSOLVENCY TRUSTEE IN CLARESHOLM, ALBERTA
Are you searching for a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Claresholm? Each year, MNP LTD works with thousands of Canadians to help them manage their financial troubles. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
At your nearby MNP LTD office in Lethbridge, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
Let us help you evaluate your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. Bankruptcy is governed by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a Licensed Insolvency Trustee to go through all the options available to you, and ensure you're making the best possible choice. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider the following:
- Do you regularly spend more than you earn?
- Are you facing legal action (e.g. garnishment)?
- Do you use your credit card for everyday necessities?
- Are you at risk of having your credit card revoked?
- Have you been receiving collection letters or phone calls from your creditors?
- Are your financial struggles causing you stress?
If any of these questions ring true for you, it’s time to talk to our dedicated debt professionals.
The right solutions
Informal Debt Settlement
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Orderly Payment of Debt
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
Personal Bankruptcy
There is more than just one way to restore your credit. Your local MNP LTD Licensed Insolvency Trustee will review all the advantages and disadvantages of each of the options available to you.
The Licensed Insolvency Trustee in Claresholm you need is here at MNP LTD; when you turn to us, you can rest assured that you will be guided through the filing process every step of the way. You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we’ll guide you through the available options.