Is Your Business Facing Bankruptcy?
When your business is dealing with lenders and creditors, the financial transactions can be incredibly complex.
You want to have the most knowledgeable and experienced people on your side. When you enlist Faber, you’ll have the confidence of working with Chartered Insolvency, Restructuring Professionals, Licensed Insolvency Trustees (LIT), and people who are familiar with all areas of business, able to implement solid strategies for short and long term financial goals. Bottom line – our experts will help you eliminate your corporate debt.
Contact us today to schedule your free confidential consultation with one of our professionals, and let’s talk about the right corporate debt solutions for your business. Our professionals have experience in the full range of Debtor Services you may require.
One of the things we’re most proud of at Faber is our knowledge and experience. Why is that important to you? Depending on your situation, there are many diverse services that may be required as we find a forward thinking debt solution to fit your needs.
At Faber, our multi-disciplined team of Chartered Professional Accountants, Chartered Insolvency and Restructuring Professionals, and our federally Licensed Insolvency Trustees have extensive experience in providing debtor services such as Turnaround Management, Division I Proposal and Corporate Bankruptcy in Alberta. Our team of professionals are available at any time to review your unique situation and provide sound professional advice so you and your business can thrive.
For more information, contact one of our corporate team members who will help you determine what option is right for you.
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Companies’ Creditors Arrangement Act
The Companies’ Creditors Arrangement Act (CCAA) is a federal law that allows insolvent corporations with debt in excess of five million dollars to restructure their business and financial affairs. The purpose of the CCAA legislation is to enable a distressed company to restructure its debt so it can avoid bankruptcy and carry on in business while maintaining its social and economic benefits to society.
To find out how this specifically impacts you and your company, arrange a meeting with one of our debt solution professionals. Knowing your options is the first step to putting your mind at ease. And that’s why we’re here.