Fort Saskatchewan
Edmonton, AB
T5J 3G1
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LICENSED INSOLVENCY TRUSTEE IN FORT SASKATCHEWAN, ALBERTA
Are you searching for a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Fort Saskatchewan? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD for help. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
Turn to your local MNP LTD for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. Their top priority is to help you put your finances back in order and do away with unruly debt. Put your financial future back in your hands — contact MNP LTD today.
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We will outline all of your options
The goal of filing for bankruptcy is to reduce or free yourself from debt. In Canada, bankruptcy is regulated 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.
We're here to help
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.
Debt Consolidation
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Orderly Payment of Debt
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
Personal Bankruptcy
There are a number of ways to restore your credit. Together, we will review the advantages and disadvantages of each of the options available to you.
When it comes to selecting a Licensed Insolvency Trustee in Fort Saskatchewan, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. We will also help you consider and assess any other solutions that may be available to you. With our help, we can ensure all your options have been assessed.