Corporate Bankruptcy
Corporate bankruptcy
There is always a solution.
When a company is in financial trouble, the consequences can very quickly become dramatic and cause bankruptcy.
This is why it is imperative that a business owner consult a qualified advisor as quickly as possible to examine how the debt occurred and how it can be resolved without it leading to a corporate bankruptcy.
Solutions could include:
- Informal negotiations with creditors
- Filing a Notice of Intention to submit a proposal requesting a time extension to keep creditors at bay for a period ranging from 45 days to several months
- a Business Proposal to undertake a commercial and financial restructuring
- An orderly liquidation or bankruptcy.
A business proposal, an alternative to bankruptcy
The qualified and experienced personnel at Labelle Marquis Inc. will examine every angle before making a diagnosis of your company’s situation and will then advise you on available solutions, keeping in mind the potential impacts on shareholders, administrators, employees and other partners.