If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
Debt can be overwhelming. For that reason, our Licensed Insolvency Trustees are always here for you. let’s discuss the options available to you. Your debt-free future starts now.
Given today’s weakened economy, an ever increasing cost of living and a struggling Canadian dollar, it’s no surprise to learn that many Canadians have come to depend on credit to get them through financially tough times. The tricky stitch however, lies in how fast and high those debts are piling up vs. how quickly they can be paid down. While credit can be a helpful tool, it can also become a very costly expense if not kept in check. For many, this situation is all too real and they find themselves not only struggling to keep up with the cost of living, but failing to be able to keep on top of their debt payments. One missed payment turns into another and suddenly creditors are calling left, right and center. It can be completely overwhelming and seemingly impossible to face head on. The good news? You do have options.
Don’t let the feeling of unmanageable debt swallow you up. You might feel like you’re in a sinkhole today, but a meeting with a professional advisor might reveal that you have more lifelines than you think.
For instance, filing for a Consumer Proposal could be a viable alternative to bankruptcy. In a Consumer Proposal, a Licensed Insolvency Trustee will work with you and your creditors to create a formal arrangement to settle your debt, often for less than the full amount owing. Usually this involves consolidating all of your unsecured debts into a manageable, single monthly payment over a period of up to 60 months (though other arrangements can be made). You know what that means? It means your metaphorical sinkhole has been filled and you can start living again! When the agreed monthly payments are made, your debts are eliminated and you can start begin rebuilding your credit and putting budgeting plans in place for short and long-term financial goals. This is just one of several debt solutions which may be available to you.
A Licensed Insolvency Trustee will be able to fully assess your personal financial situation and explain all of the options available to you so you can choose which route is the most manageable to your unique circumstances. As one of Canada’s largest personal insolvency practices in Canada, MNP has the team members and in-depth expertise necessary to help Ottawa residents get above ground with their finances so they can start working towards achieving a debt-free life!
John Haralovich is a Licenced Insolvency Trustees within our Ottawa location. To learn more about how MNP Debt can help you, contact any of our local offices at:
495 Richmond Road, Suite 110,
Ottawa, ON, K2A 4B2
Ottawa - East
1730 St-Laurent Blvd, Suite 800, Suite 800,
Ottawa, ON, K1G 3Y7
Ottawa - West
555 Legget Drive, Tower A, Suite 304,
Kanata, ON, K2K 2X3
Our team of Licensed Insolvency Trustees will help you
explore the debt relief options available to you and
together we will find the solution that best fits your
situation. Set up your FREE, no obligation consultation
MNP is committed to protecting your
privacy. We promise to keep all of the information you share
with us confidential.
*310-DEBT doesn’t operate in MB, NW ON and QC.
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