Before drawing up a turnaround plan, we first need to conduct a study of your situation, identifying your company's strengths and weaknesses.
What are the strengths you can and must build on to get back on track? You also need to be able to pinpoint your weaknesses. At this stage, you need to identify the causes of your losses.
This analysis will be carried out jointly with our syndic, will enable you to draw up an appropriate plan tailored to the reality of your business.
Once the analysis has been completed, the syndic will be able to diagnose your financial health and propose remedial measures.
The expertise of our financial turnaround consultants is a real asset to the survival of your business. Our advisors are qualified and attentive to your needsThey'll guide you through the strategy you need to take to turn your company's financial situation around.
They will advise you based on their expertise in this type of situation, but also on your own financial situation.
Put every chance of success on your side by opting for a plan that's right for your business.
Our advisors can help youdrawing up the planbut also in its application. They can ensure that your financial partners, as well as the members of your company, cooperate effectively.
Free yourself from your debts with our licensed insolvency trustees, experts in financial restructuring, and regain serenity and stability.
with solutions tailored to your situation
Extend the repayment period and adjust the amount according to your company's capacities
Got questions? We've got answers.
Debt consolidation allows you to consolidate your debts. It's not uncommon for people to opt for debt consolidation and still live with the stress of debt. This solution can be effective insofar as a person is able to repay 100 % of his debts with interest.
The consumer proposalThe syndic has the power to negotiate a reduction or extension of your payments with your creditors, depending on your ability to pay. By opting for the consumer proposal, you make just one payment per month, interest-free.
The main difference lies in the way debts are repaid and the consequences that follow. In a consumer proposal, you propose a repayment plan to your creditors, while in a personal bankruptcy, your assets may be liquidated to repay your debts. A consumer proposal often allows you to keep certain assets and avoid a forced sale. What's more, a personal bankruptcy may have a greater impact on your credit rating.
A consumer proposal is a legal solution offered to overindebted people to negotiate with their creditors and eliminate part of their debts. It works by allowing you to make an offer to your creditors to repay part of your debts over a given period.
Debt consolidation enables you to consolidate your debts by borrowing the total amount due from a financial institution. You then use the amount borrowed to pay off your debts. You then make a single monthly payment to the financial institution that lent you the total amount of your debts. Debt consolidation does not reduce the amount of your debts.
If the proposal is accepted by a majority of your creditors, you will be able to repay your debts according to the agreed terms, while avoiding personal bankruptcy.
Debt consolidation allows you to consolidate your debts. It's not uncommon for people to opt for debt consolidation and still live with the stress of debt. This solution can be effective insofar as a person is able to repay 100 % of his debts with interest.
The consumer proposalThe syndic has the power to negotiate a reduction or extension of your payments with your creditors, depending on your ability to pay. By opting for the consumer proposal, you make just one payment per month, interest-free.
Yes, it is possible to benefit from a consumer proposal even if you have been bankrupt in the past. However, it is important to consult a licensed insolvency trustee to assess your specific situation. The trustee will be able to determine whether a consumer proposal is the best option for you, taking into account your financial history and current needs.
A consumer proposal allows you to negotiate with your creditors to reduce the amount of your debts. However, it's important to note that some debts cannot be included in a proposal, such as alimony, criminal fines or debts resulting from fraud. A licensed insolvency trustee will be able to guide you on which debts are eligible and which are not.
The duration of a consumer proposal can vary according to individual circumstances. Generally, the process lasts between 3 and 5 years. During this period, you will be required to make the payments agreed in the repayment plan. These payments are based on your financial capacity and are determined in collaboration with the trustee.