Is your company in financial difficulties?
Our Montreal trustee can help!
Are you a business owner going through a difficult financial phase?
Most of the time, financial problems are the result of sub-optimal management. By working with a qualified trustee like our Montreal trustee, you'll get through this complicated phase.
The recovery plan
Visit recovery plan process consists of 4 stages:
- Define your company's strengths and weaknesses
- Study the market and your competition
- Tailor-made turnaround plan
- Start of recovery measures
Other solutions are available to help you get through this difficult period.
Commercial bankruptcy
Commercial bankruptcy will put an end to all your activities and your company will be removed from the stock exchange. Quebec business registry. We need to consider commercial bankruptcy when you can no longer meet your financial obligations in the allotted time.
Any company with debts in excess of 1,000 $ is eligible for the commercial bankruptcy. This solution will release you from your debts on the sole condition that you release your assets and close your business.
To complete this process, follow these 10 steps:
- Discuss your situation with our managing agent
- Respond to and complete the bankruptcy document
The following steps will be carried out by your property manager - Submitting your completed documents
- Bankruptcy registration
- Seizure of your assets
- Drawing up an inventory of your assets
- Selling your assets
- Administration of your file
- Closing the file
- Application to the court for release
If you wish to continue your business activity, the solution will be a composition proposal.
The composition proposal
Would you like to pay off your overindebtedness while continuing to do business? Our Montreal trustee has THE solution for you! This practical, flexible solution will help you get back on track. The composition proposal consists of an agreement between our trustee and your creditors. The aim of this agreement is to extend your repayment period so that you can continue your business.
This solution is advantageous for you because :
- It is flexible in terms of amount and period.
- Our trustee takes care of the whole process
- Regardless of the amount of your debt, you are eligible to
As soon as you submit your proposal, seizures, legal proceedings and payments to creditors will be suspended.
Testimonials
Here are our most recent testimonials from satisfied customers:
A big thank you to the Nathalie Séguin team for their support and professionalism. I never felt judged, on the contrary, I felt understood. What's more, in just 3 months I was able to start living normally again and regain control of my life. For the first time in years, I have confidence in the future. Thank you Mrs. Séguin.
If you're having financial problems, don't be like me: don't wait until it's too late! In my case, I had to declare bankruptcy, but if I'd known what Ms. Séguin could do, I wouldn't have needed to declare bankruptcy! Take the time to consult her, you won't regret it.
Of course it's impossible to enjoy going through such an ordeal, but the reality is that with Mrs Séguin the new perspective she offered me helped me to live through this difficult time with dignity and respect. Honestly, I'm not out of the woods yet, but with their help, I think I can get through this!