What is a Proposal to Creditors?

Small businesses and a proposal to creditors

A Proposal is not a bankruptcy.

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.

It allows the operations to be restructured while keeping the owner in control of the business. Only a Licenses Insolvency Trustee, such as Farber, can help a company file a Proposal to Creditors.

Farber offers a no-charge, no-obligation initial consultation to review your business and provide you with information on the options available. Contact us to book your appointment.

Proposal to Creditors was last modified: June 22nd, 2017 by Licensed Insolvency Trustee
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