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Bankruptcy and Insolvency Services

WBLI Chartered Accountants - Trustee in Bankruptcy

Our bankruptcy and insolvency team assists both individuals and companies experiencing financial difficulty. Depending on the nature and severity of the situation we can advise on how to plan to renew financial health or how to take the necessary steps toward responsible action around bankruptcy or receivership.

While we act for only one party in a given situation, our clients include lending institutions, corporations and individuals.

Individuals benefit from our services when personal financial difficulties result in the need for professional help. We work with individuals to consult on the specific situation and review the options. Depending on the nature of the situation these remedies could include financial consultation and guidance to achieve independent financial recovery through planning and debt consolidation. Where circumstances call for alternate remedies, WBLI can guide clients through a consumer proposal or filing for personal bankruptcy.

Corporate and lending institutions call on WBLI professionals to consult in situations where financial circumstances have become difficult and where the resulting situation is untenable. In these situations WBLI can act to review a business operation, to undertake a corporate reorganization or implement other changes in financial direction and provide monitoring services to assure that the new direction is being successfully achieved. In situations where the business relationship must end, WBLI acts as either a receiver/manager, trustee in bankruptcy, or liquidator.

WBLI Bankruptcy & Insolvency Services Include:
  • Trustee in Bankruptcy
  • Receiver/Manager/Liquidator
  • Business Review
  • Corporate Reorganization
  • Monitoring
  • Financial Consulting
  • Litigation Support

 

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