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.
We understand why you’re worried. You have debt, but you may also have assets you wish to keep and the idea of filing for bankruptcy is terrifying. You’re thinking about long-term financial impacts and wondering how to avoid them. If this sounds like you, a Consumer Proposal may be just the Life-Changing Debt Solution you’re looking for.
In a Consumer Proposal we will work together to develop a formal offer to your creditors to settle your unsecured debt . The offer might involve monthly payments over time, cashing in RRSPs to fund a proposal or offering a lump sum to be borrowed from family members, just to name a few possible options; it’s designed to be a very flexible process. Your creditors may be willing to settle for less than the full amount owed and you will avoid filing for bankruptcy.
A Consumer Proposal may be the right choice if you:
By filing a Consumer Proposal, you’ll hold onto your assets, freeze or eliminate interest, stop wage garnishments and end harassing or threatening phone calls from creditors. As long as you make the payments you’ve agreed to make, you’ll be on track to rebuild your credit and be debt-free for good.
Consumer Proposals and bankruptcies are both government legislated options which can provide you with relief from significant
debt problems. In addition, both debt solutions can only be administered by a Licensed Insolvency Trustee and provide a legal
stay of proceedings which require creditors to discontinue harassing collection calls, garnishment or other legal proceedings.
Determining which, if either, option is an appropriate solution in your own unique situation depends on a number of variables.
Let’s explore the advantages and disadvantages of both a Consumer Proposal and a bankruptcy.
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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