Business Bankruptcy Protection in Edmonton, Central and Northern Alberta
A.C. Waring & Associates Inc. offers expert solutions to your company’s financial woes. Should Bankruptcy Protection be the best solution for you, here are some frequently asked questions and answers.
How can I Survive this Financial Crisis?
Market conditions can easily cause the demise of a business without any fault of the owner. You do not have to wait until a secured creditor initiates receivership. Secured creditors can appoint a receiver to liquidate the assets of the business to pay off the bank loan.Back to top
What do I do if My Business is Failing?
Discuss with us your issues and we can talk to you about options open (Commercial Proposal, Repayment Planning, Consolidation, Bankruptcy) to you to officially deal with the pressure of mounting debt. You do not have to wait until a secured creditor initiates receivership.
Secured creditors can appoint a receiver to liquidate the assets of the business to pay off the bank loan.Back to top
How do I know if My Business is at the Breaking Point?
If your business is having problems meeting payroll demands or operational costs, and/or your sales/income is diminished over time, or a bank loan demand is made, or further loans are denied, these are the red flag indicators to seek professional restructuring advice and debt resolution as soon as possible.Back to top