When an incorporated business finds itself in financial difficulties there are a variety of possible courses of action.

Some can be initiated by the directors of the company and some by the secured lenders. The company may not have to shut its doors, instead it may be possible, by using provisions of the Bankruptcy and Insolvency Act or the Companies Creditors Arrangement Act to restructure the company, including compromising its debt, both secured and unsecured.


The experienced professionals at Grant Thornton Limited can assist you in determining the best solution for your company’s financial problems.

CONTACT US TODAY

Copyright Grant Thornton Limited 2017 - Legal
Created by

Legal notice