Service With Substance

Financial restructuring

If you are struggling to keep up and debt keeps piling up no matter how many budgets you make, you may need a fresh approach. Perhaps your business's profitability is declining and you've gone into tax arrears or you've turned to alternative lenders to fill the gap.

We can assess your situation and identify viable options to improve financial performance, manage cash-flow, and restructure debts.

Strategic advisory

When incremental steps are not enough and a pivot is required, you may need strategic advice to evaluate a way forward.

We service growing and distressed businesses and their stakeholders with:

• Business planning and viability assessments
• Financial modeling and scenario analysis
• Acquisitions, divestitures, and financings
• Chief Restructuring Officer and interim management
• Negotiation and decision support
• Business continuity and contingency planning

Proposals to creditors

Proposals to creditors are an alternative available to individuals and businesses to restructure their debts by extending time for repayment or by settling them for a reduced amount. Proposals may be negotiated out of Court or they can be formally filed under insolvency statutes.

A Consumer Proposal, Division I Proposal, or a filing under the Companies' Creditors Arrangement Act (CCAA) can provide immediate relief from creditor enforcement. We are qualified to act as Licensed Insolvency Trustee or Court appointed Monitor in these matters. We can also be retained to advise debtors and creditors navigating the process.

Bankruptcy and insolvency

Individuals and businesses unable to make a proposal may find bankruptcy to be their best option.

Individuals who file bankruptcy obtain relief from creditor enforcement and remain in bankruptcy for 9 to 36 months, sometimes longer, depending on income, asset values, and prior bankruptcies.

Business bankruptcies and receiverships are undertaken to liquidate assets and distribute proceeds to creditors. A Licensed Insolvency Trustee or Court appointed Receiver administers the proceeding, which can be useful when there isn't enough to repay creditors or if creditors have unresolved claims. An orderly liquidation may also be possible when a managed exit can be engineered.