MNP Limited Kamloops, BC Licensed Insolvency Trustee

MNP Limited, 250-800-2316
Toll Free: 1-888-389-0158

301 Victoria Street Suite 220, Kamloops, BC, V2C 2A3

 

If you are in debt and are looking for assistance from a reliable bankruptcy trustee, then get in touch with us immediately.

 

Our Licensed Insolvency Trustee in Kamloops, BC, will give you the best advice to manage your debt.

 

Our Licensed Insolvency Trustee, Kamloops, BC, may recommend bankruptcy as a final solution.

 

If your debts cannot be managed using other relief options such as consumer proposal, better financial management and negotiations with creditors, then our LIT will recommend bankruptcy as a way out.

 

MNP Limited Kamloops, BC Licensed Insolvency Trustee

301 Victoria Street
Suite 220,
Kamloops, BC V2C 2A3
Canada
Phone: 1-888-389-0158

 

How Kamloops, BC, Licensed Insolvency Trustee for Bankruptcy Can Help?

 

  • From helping you file for bankruptcy to ensuring that you are discharged from your debts, our trustee will work with you throughout the process. The trustee will execute the process as it should be legally.

 

Bankruptcy is executed according to the stipulations set down by the BIA – Bankruptcy and Insolvency Act.

 

A bankruptcy trustee or LIT is the only official in the nation with the powers to put a bankruptcy in motion.

 

  • As a highly-qualified authority in bankruptcy, our LIT will ensure that your rights are not taken advantage of, or are breached, during a bankruptcy.

 

An individual becomes a qualified LIT only through a license granted by the OSB, which is the governmental division responsible for handling bankruptcy in Canada.

 

Individuals are required to demonstrate their legal knowledge, and possess the essential financial skills and experience, to be eligible for an OSB license.

 

  • Our licensed trustee will stop all creditor actions against you. All negotiations and communications with your creditor(s) will be handled by the trustee.

 

Once you file for bankruptcy, your creditor cannot harass you for payments. Any legal instruction by your creditors for wage garnishment – redirection of your income to your creditors as part of debt settlement –stands cancelled. Any other legal action that your creditor(s) may have appealed for, in a court of law, will be stopped, once you file for bankruptcy.

 

  • With our experienced Licensed Insolvency Trustee at Kamloops in BC by your side, you can be sure that you have an expert that you can trust completely.

 

Bankruptcy trustees are required to follow Federal standards of work code. They are continuously monitored for adherence to required practice standards. So, you can trust your trustee to work impartially and only according to the standards set by Canada’s bankruptcy law.

 

  • Kamloops, BC, Licensed Insolvency Trustee, will sell your assets according to applicable stipulations under Federal and local laws.

 

How Does Bankruptcy in Kamloops Work?

 

It is not true that if you are bankrupt, you lose every asset.

As a local bankruptcy trustee with in-depth knowledge of Kamloops’ bankruptcy exemption laws, the trustee will ensure that assets such as furniture, motor vehicles, and house (as applicable), are not disposed of illegally.

 

A respectful and financially secure life is possible even if you are deep in debt at the moment.

 

Visit our Kamloops, BC, Licensed Insolvency Trustee immediately to know more about bankruptcy.

 

Sources:

https://www.pwc.com/ca/en/services/insolvency-assignments/what-is-bankruptcy.html

https://www.ic.gc.ca/eic/site/bsf-osb.nsf/eng/br03459.html