Debtor Services
If your business is dealing with more debt than it can manage — or your financial institution or suppliers are pressuring you to make payments you can't afford — it may be time to seek assistance. MNP's debtor services can help you resolve financial issues with creditors efficiently and effectively.
Business Review
We conduct a comprehensive review of your company's current financial position and future business prospects — including an analysis of the status and priorities of secured and unsecured creditors.
Business Review arrow_forwardCorporate Restructuring - Informal Turnaround
Our professionals leverage the comprehensive information gained through a business review to assist your leadership team in making key changes that will get you back on solid financial ground.
Corporate Restructuring - Informal Turnaround arrow_forwardCorporate Restructuring - Formal Proposal to Creditors
Depending on various circumstances, including level of debt, your company can obtain creditor protection in Canada by either filing a proposal under the Bankruptcy and Insolvency Act (BIA) or a plan of arrangement under the Companies' Creditors Arrangement Act (CCAA).
Corporate Restructuring - Formal Proposal to Creditors arrow_forwardBankruptcy
When your company's financial position has deteriorated to the point where a turnaround or formal proposal are no longer feasible, it may be appropriate to file assignment in Bankruptcy. While this option is a last resort, Bankruptcy prevents further distress by preventing subsequent losses to creditors and shareholders.
Bankruptcy arrow_forward