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

Corporate 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

Corporate 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

Bankruptcy

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