Are you struggling with your debts in Sherbrooke, Quebec?
MNP Sherbrooke Bankruptcy might be the best solution for you!
We understand that it’s anything but easy to declare bankruptcy.
But don’t worry, you’re not alone.
MNP Limited Sherbrooke, QC Licensed Insolvency Trustee
Your MNP Licensed Insolvency Trustee or LIT will be there every step of the way to support and guide you through the process of personal bankruptcy.
What are the steps involved in MNP Sherbrooke Bankruptcy?
At the first meeting, your Licensed Insolvency Trustee will assess your financial situation.
He or she will consider all debt relief solutions such as consumer proposal before opting for personal bankruptcy.
The LIT will also look at all your assets to determine which once can be sold off as payment towards your outstanding.
Once the appropriate debt relief solution is selected, you’re one step closer to financial recovery.
Your LIT will file all the documents on your behalf. He or she will also inform your creditors that you’ve filed for personal bankruptcy. Once filed, your LIT will also be the point of contact for your creditors. This means you will no longer receive harassing phone calls, letters, or emails from your creditors.
To ensure you’re on track towards sound financial health, you will be required to participate in two debt counseling sessions. This will equip you with necessary tools such as financial planning and budgeting, to prevent you from getting back into debt.
Once all your payments are scheduled and you’ve submitted all the necessary documents, your LIT will apply for a debt discharge on your behalf.
The entire process will take up to 9 months for first-time personal bankruptcy filings.
With MNP Sherbrooke Bankruptcy, you have the chance to eliminate most of your debt and regain control of your financial freedom.
It will also protect you from wage garnishments, lawsuits, and interruptions in essential services such as gas and electricity.
Get in touch with MNP Sherbrooke Bankruptcy to learn more.
Sherbrooke QC J1H 5C5