Life Changing Debt Solutions

Stop the Endless Cycle of Debt

It is a mistake to think that if you are maintaining your minimum monthly payments, you do not have a debt problem. While maintaining your monthly payments can help preserve your credit rating, it can also mean you are unable to move forward financially.

Your credit card statements will show you how many years it would take to pay off your current credit card debt when only making the minimum payments. Often this time frame can be longer than a lifetime. And, that’s if you do not use your credit cards again in that time frame. If all of your disposable income is being used to maintain your credit card debt, there is no money available to put towards savings or for unexpected expenses.

When there is no ability to put away money for these types of expenses, the reliance on credit continues to build. As a result, the minimum monthly payments get more expensive and the cycle of debt continues. Eventually, you will reach a point where you are unable to access any more credit as banks will not extend you any further lending privileges.

Individuals can spend years going through this debt cycle before they seek assistance from a professional advisor. If you can already see this is happening, you owe it to yourself to explore your options.

At MNP, our Licensed Insolvency Trustees will look at your unique situation and help you decide which option is best for you and your family. Our goal is to help you solve your debt problems and keep you debt free in the long term. Give us a call to find out more about how we can help you to be debt free.

Your Local Trusted Debt Advisors

Our experienced financial advisors are conveniently located within your community and will happily meet with you in person to go over your options. Our office is headed by John Athanasiou, an MNP Licensed Insolvency Trustee, living and working in Hamilton and Niagara.

John and his team can help you and your family customize a plan to solve your debt problems. With offices throughout the Hamilton and Niagara region you will always find it easy and convenient to get your questions answered. When you choose MNP, you can rest easy knowing we understand the unique challenges Hamilton and Niagara residents face.

Office Locations

Phone us today to arrange a free, confidential consultation at the location of your choice, by filling out the simple online form above or view other offices.

Find out which option may be right for you

All information will be held confidential. A local MNP Licensed Insolvency Trustee will contact you within one business day.