Facing financial pressure is never easy—but you’re not alone. For more than 50 years, we’ve stood beside local businesses in Vancouver, Surrey, and the Lower Mainland—helping them face difficult decisions, regain control, rebuild confidence, and move forward with clarity.
As Licensed Insolvency Trustees (LITs), we offer both informal and formal corporate restructuring services with one goal: helping your business recover, realign, and succeed.
Corporate restructuring involves reorganizing a company’s finances, operations, or ownership structure to address financial challenges and support long-term success. It’s often used when a business is under financial strain but wants to avoid shutting down or declaring bankruptcy.
Restructuring may include:
The ultimate goal is to help the business regain control, protect jobs and assets, and build a path toward recovery and growth.
When financial pressure is building, but formal legal steps aren’t yet necessary.
Informal restructuring is ideal if you’re early in the process—struggling with cash flow or mounting debts, but still operating and communicating with creditors. These strategies don’t require court filings and often provide the breathing room you need to get back on track.
Options Include:
We help you create a recovery plan before things escalate—addressing issues early can often prevent the need for formal action.
We negotiate with lenders and suppliers on your behalf to reduce or pause payments, freeze interest, or create a custom repayment schedule.
We identify quick wins—like reducing overheads, selling non-essential assets, or improving cash flow cycles—to restore short-term financial health.
Best For:
Businesses that are still in control, have cooperative creditors, and want to avoid legal proceedings.
When informal efforts aren’t enough, or creditors are already taking legal action.
Formal restructuring is a legal process overseen by a Licensed Insolvency Trustee (like us) and protected under federal law. They stop creditor actions, protect your business from lawsuits or garnishments, and give you time to restructure properly.
Options Include:
A court-approved plan that lets you reorganize your debt while continuing operations.
A more flexible option for larger businesses with over $5 million in debt, involving multiple creditors or complex financing.
You stay in control of your company while restructuring. We help manage the process, ensure compliance, and coordinate with stakeholders while you focus on running your business.
Best For:
Businesses under creditor pressure, with complex debt, or needing legal protection to continue operating during restructuring.
You remain at the heart of decision-making. We advise, support, and help you take steps to protect your company and your responsibilities as a director.
These may include banks, suppliers, landlords, and government agencies. Our job is to ensure transparent, fair communication so that your creditors understand the plan and feel confident enough to vote in favour of it (where required).
As neutral officers of the court, we don’t just represent one party—we facilitate the entire process, ensure compliance with legislation, and act in the best interest of all stakeholders.
Depending on the plan, employees may remain fully employed or see some changes. Shareholders may need to vote on equity or financing changes. Other stakeholders (such as landlords, key vendors, or leasing partners) are also kept informed and often play a role in the process.
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Our licensed experts are here to answer all your questions about bankruptcy and consumer proposals. Whether you're an individual or a business, we’ll help you understand your options and guide you through every step of the process with care and confidence.
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