Is Your Corporation in Debt?
Learn more about how to get your corporation out of debt.
- Reduce your business debt payments by up to 80%
- Improve business cash flow quickly
- Save your business from closing
All your information will remain secure.
Struggling to Cope With Your Corporate Debt?
It is not uncommon for a corporation to hit a bump in the road or to get into financial difficulties.
Unmanageable debt can put a burden on your corporation. We understand that once you get help dealing with the debts, you will be able to make your business successful.
From the costs of starting up the business, to the loss of a major customer, expanding too quickly, problems with an employee, or not having the proper accounting system to understand costs. There are many reasons why businesses face financial challenges.
Whatever the reason, business owners often fear that financial difficulties mean that the business must close or go bankrupt. This is not always the case.
Avoid a future bankruptcy, get your corporation back on track with a proposal.
A Proposal to Creditors is an option that allows a business to get legal protection from creditors and pay back a portion of the debts. Only a licensed Insolvency Trustee, such as Farber, can help your company file such a formal Proposal to Creditors. This allows the business to continue to operate under the control of the business owner. A Proposal is not a bankruptcy. For more information please contact us for a free consultation.
Don’t wait too long, the sooner you deal with your company debt, the easier it is to get your business back on track. Fill out the form and a Licensed Insolvency Trustee will contact you to review your debt relief options.
Why Business Owners Trust Farber.
Farber has been working with business owners since 1979; acting as trusted advisor, helping fund their business, improve profitability, restructure operations and manage distress. When a business is facing distress, we provide a practical solution to deal with the debts and we help business owners manage emotionally charged financial distress.
Get Out of Debt Quickly.
Farber offers a no-charge, no-obligation consultation to review your business and provide you with information on the options available. Contact us to book your appointment, we have 50+ offices in Ontario.
Why Choose Us?
When working with other solution providers you are often required to pay a consulting fee upfront, even if you decide to take no action. At Farber we offer a free consultation.
You will stop receiving harassing calls from your creditors and from the CRA. Your Farber representative will handle all future dealings with your creditors.
Protection from the CRA
We can negotiate with the CRA and reduce your company’s tax debt down by up to 80% if they have issued a sizable assessment or have threatened to seize your bank account.
You can trust us to resolve your business’s financial problems. We will deal with your creditors, reduce your debt by up to 80% and eliminate your stress.
Debt relief success story
My business had a tough year in 2016. We lost a big customer. Debts were piling up and CRA was breathing down my neck. I thought I was going to have to put my company into bankruptcy. But Farber showed me another option that allowed me to save my business. My company filed a proposal. It allowed me to put my problems from 2016 behind me. I now have one simple monthly payment to deal with all my debts–and by business is actually growing again!
Let Our Licensed Insolvency Trustees Help
CONTACT US TODAY FOR A FREE CONSULTATION
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150 York St., Suite 1600 Toronto
Ontario M5H 3S5
We Serve 50+ Offices Across Canada.
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