Bassano
Lethbridge, AB
T1J 4V1
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LICENSED INSOLVENCY TRUSTEE IN BASSANO, ALBERTA
Do you need to find a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Bassano? When faced with debt, thousands of Canadians have turned to MNP LTD for the trusted help they need. It doesn’t matter how straightforward or complicated your financial situation may be, or even if the path to solvency seems impossible: we’re here to provide the tailored, common-sense solutions you need.
When you visit the MNP LTD office nearest you, you can expect attentive service from professionals who are leaders in their field. Our main goal is to provide you with the professional advice you need to put debt behind you. Put your financial future back in your hands — contact MNP LTD today.
There is 1 office near you
We will outline all of your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD Licensed Insolvency Trustee, who will review your financial situation and determine all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
When considering which debt solution to choose, ask yourself the following questions:
- 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.
Orderly Payment of Debt
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
Personal Bankruptcy
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.
When you're ready to speak with a Licensed Insolvency Trustee in Bassano, you can rest easy knowing the professionals at MNP LTD are here to walk you through every step of the filing process. We will also help you consider and assess any other solutions that may be available to you. Together, we’ll guide you through the available options.