Our corporate bankruptcy services in Barrie can help your business rise above financial difficulties and ensure a profitable financial future.
As a business owner, being faced with an inability to make payroll or deal with reduced sales can be extremely challenging. If you are under constant pressure from the Canada Revenue Agency or your superiors, you need a knowledgeable and experienced professional who can advise you on your business’ financial situation. At Morgan & Partners Inc., our corporate bankruptcy services in Barrie, Ontario can help your business rise above these difficulties and ensure a profitable financial future in your industry.
We have more than 25 years of experience dealing with corporate bankruptcy and will give your case the attention it demands from the day you decide to file until the entire process is complete. At Morgan & Partners Inc., we understand the complexities of running a corporation and will do everything in our power to help your business benefit from the corporate bankruptcy process.
When you turn to us for assistance with the corporate bankruptcy process, you can rest assured knowing you and your business are in good hands under our care. Each one of our employees is an accredited estate administrator and counsellor registered with the CAIRP and Industry Canada.
If you feel like there is no way out from your company’s current financial predicaments, let us at Morgan & Partners Inc. help you explore whether or not filing for bankruptcy is the right choice for your situation. Give us a call today for more information and to schedule a free initial consultation.
Services We Offer
Combatting Bankruptcy with Morgan & Partners
FAQs About the Corporate Bankruptcy Process
When people hear the term, “bankruptcy,” they associate the word with many negative connotations. But if you run a business, we want you to know that filing bankruptcy can actually be a way to secure an improved financial future. Below, we have answered a few questions about the corporate bankruptcy process.
Does declaring bankruptcy mean my business is done?
Yes. You lose total control of the business, and it ceases to operate. We can help you navigate this process.
When should I consider corporate bankruptcy?
Corporate bankruptcy is not your first or only option. A restructuring proposal would assist in this endeavour whereby your creditors are given an option for taking a reduced amount, but the corporation does not cease to operate. We can help you navigate your options and answer more questions. There may be instances where corporate bankruptcy is your best option, but it is critical to seek advice from seasoned professionals to determine the best route forward.
How long does the corporate bankruptcy process take?
The process takes a minimum of 9 months to finalize, but this is largely dependent on the court’s schedule. However, if the corporation ceases to operate on the date of the filing, this is largely a moot point. Contact us to learn more.
How much experience does your firm have?
We have over 30 years of experience guiding businesses through the corporate bankruptcy process. You can rely on our expertise and experience to help you successfully file for corporate bankruptcy.
Can I set up a consultation?
Yes! If you have thought about filing bankruptcy to help your business and its finances, the first thing to do is to consult with our professionals. Contact us today to set up your initial consultation.