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Build Financial Resilience in a Changing World Watch Nov 24

   Surrey: (604) 591 6181      

Vancouver: (604) 689 3928

Corporate Debt Solutions

At Crowe MacKay & Company, we understand that dealing with debt can be an extremely stressful experience. With over 60 years of experience, we are committed to providing honest and objective advice during difficult times.

Businesses facing financial difficulties need to recognize their problems and explore their options. Drawing on our significant industry and sector knowledge, we are committed to providing our clients with creative, practical, and objective advice to resolve their financial difficulties.

Corporate Debt Services

With a team of experienced advisors, we can help you manage your debt by creating a customized plan to your business.

How Can We Help You? 

We have assisted financial institutions, creditors, businesses and lawyers in many aspects of insolvency, restructuring and litigation support. With the expertise to support you, some of the roles we have fulfilled for our clients include:

  • Consultant in business reviews or ‘looksees’
  • Consultant in informal workouts
  • Trustee in bankruptcy
  • Monitor pursuant to the Companies’ Creditors Arrangement Act (CCAA)
  • Trustee in proposals under the Bankruptcy and Insolvency Act (BIA)
  • Receiver and Receiver-Manager
  • Forensic accountant or expert witness in litigation support matters

When facing financial difficulties, we recognize the importance of objective and professional advice. We tell our clients what they need to know instead of what we believe they want to hear.

Dangers of Business Debt

Business debt can prove to be dangerous for your organization. While addressing financial uncertainties can be uncomfortable, not taking action can lead to consequences, including:

  • Creditors can take legal action against your business, which can further lead to legal judgment, fees, and penalties.

  • You may accumulate more debts and interest, compounding the situation.

  • The CRA can freeze your bank accounts and seize the funds on the charge of penalties and unpaid interest and taxes.

  • The bank can appoint a Receiver to seize your assets and completely shut down the business.

  • Leasing companies can also seize all your company’s assets in lieu of their payments.

Contact Us

For any questions on corporate debt solutions and to discuss your options, call us or complete the form below. We look forward to speaking with you.

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Crowe MacKay & Company follows the practices laid out by the Canadian Anti-Spam Legislation and respects the privacy concerns of our clients and contacts.

Vancouver (resident office)

Crowe MacKay & Company

1100 - 1177 West Hastings Street

Vancouver, BC V6E 4T5

Surrey (non-resident office)

Crowe MacKay & Company

#200, 5455 - 152 Street

Surrey, BC  V3S 5A5

Contact Us

Monday – Friday: 8:30 A.M. - 5:00 P.M.

Phone

(604) 687 4511

Fax

(604) 687 5617

Email

trustee@crowemackay.ca

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