The commitments of daily life and unexpected events can have negative impacts on your financial situation. When financial problems are not addressed on time, some people find themselves in a situation of over-indebtedness and do not know how to get out of it. There are different solutions (consumer proposal, debt consolidation, etc.) to eliminate your […]
Despite its negative connotation, corporate bankruptcy can be a solution for businesses that are struggling with debt. For companies that are no longer able to respect their financial obligations or that find themselves in a situation of over-indebtedness, commercial bankruptcy is a solution that helps you get rid of your debts and avoid any legal […]
Corporate bankruptcy is a legal process adopted under the Bankruptcy & Insolvency Act and consequently administered by a licensed insolvency trustee. When a business is unable to meet its financial obligations, applying for commercial bankruptcy will allow you to free yourself from creditors and start a new venture. […]
To answer this question, you will need to meet with one of our licensed insolvency trustees. Our trustee will oversee the legal process adopted under the Bankruptcy & Insolvency Act (BIA), while also managing the liquidation of your company’s assets for the creditors. […]