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.
The continued slump in the energy sector, paired with a struggling Canadian dollar and a constantly increasing cost of living has given way to incredible financial burdens for many Albertans. In fact, Edmonton has seen consumer insolvencies jump a shocking 200 percent over the last year. In today’s struggling economy, it can be difficult enough to cover day-today expenses let alone keep on top of debt obligations. The tricky stitch comes when people struggling under a burden of unmanageable debt, rely on further credit to pull through financial distress, which can only lead to a dangerous cycle of debt that’s difficult to get out of.
MNP Licensed Insolvency Trustee Zaki Alam discussed these significant insolvency increases in Edmonton with several media outlets between June 27 and June 29, 2016. These discussions can be found in the links found below.
CBC Radio Active live interview with Portia Clark:
CBC News Edmonton at 6 pre-taped interview with Adrienne Pan: http://www.cbc.ca/player/play/714009155582
CBC News Edmonton online article: http://www.cbc.ca/news/canada/edmonton/consumer-insolvencies-staggeringcompared-to-past-years-1.3655269
Yahoo Finance online article: https://ca.finance.yahoo.com/news/consumer-insolvencies-staggering-comparedpast-010330853.html
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