Castor
Red Deer, AB
T4N 4L9
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Filing for Bankruptcy in Castor, Alberta
Considering declaring bankruptcy in Castor? Start by turning to the trusted professionals at your local MNP LTD to uncover the many options you may have. Year after year, we help thousands of Canadians just like you break free from financial hardship.
You’ll find a local MNP LTD office in Red Deer staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don't let having debt encompass your life. There are options -- discover them with MNP LTD now.
There is 1 office near you
What is your best course of action?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD to learn about the options that are available to you. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.
To find out what is best for you, think about your current financial situation.
- Spending more than you earn?
- Facing legal action, such as garnishment?
- Using credit cards for necessities?
- At risk of losing credit card privileges?
- Receiving harassing collection letters or phone calls?
- Stressed out due to financial problems?
If this sounds like you and you are experiencing some or all of the above, contact us today.
We tailor our solutions to your situation
Consumer Proposal
A consumer proposal allows you to make arrangements to pay some or all of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Informal Debt Settlement
Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt Consolidation
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay 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.
When many people experience debt problems often, their first thoughts are filing for bankruptcy. However, there are many alternatives that may be more appropriate for your particular financial situation. We'll work together to create a plan that works best for you.
Find out more about how MNP LTD can help with declaring bankruptcy or guiding you through alternative options -- simply call us at 587-802-4208 to book your FREE confidential consultation today.