Business Debt Solutions in Vancouver & Surrey
Is your business struggling with cash flow problems, business debt, or pressure from creditors? If you need help with corporate debt restructuring, a Division I Proposal, or business insolvency help, Campbell Saunders Ltd. is here to support you. We provide business debt solutions to help you regain stability, protect assets, and move forward.
Speak with a Licensed Insolvency Trustee Today.
Business Debt Help in Vancouver, Surrey & Richmond
Running a business comes with challenges, but financial challenges don’t have to mean failure. If you're struggling with overdue business debts, missed debt payments, or legal pressure, there are alternatives to filing for bankruptcy. Our Licensed Insolvency Trustees help businesses manage debt restructuring, creditor negotiations, and repayment plans.
Find Out If Your Business Qualifies for Debt Relief
Corporate Debt Restructuring Options
When your business debt becomes overwhelming, taking action quickly is essential. Our team offers corporate restructuring strategies to help businesses regain control and avoid bankruptcy.
Division I Proposal: A Structured Repayment Plan
If your business is still viable but has debt challenges, a Division I Proposal can help. It allows you to create a new repayment plan with creditors, stopping legal actions while giving your company time to recover financially and avoid corporate bankruptcy. This process is regulated by the Office of the Superintendent and ensures a structured path to financial recovery. Many small businesses use this option to stabilize finances without shutting down operations.
Learn More About Division I Proposals
Corporate Bankruptcy: An Organized Exit Plan
If your business is no longer sustainable, corporate bankruptcy can help settle debts, liquidate assets, and legally protect business owners. Our Licensed Insolvency Trustees for businesses in Vancouver and Surrey will guide you through the process and help you understand what happens to personal assets and company obligations during bankruptcy.
Receivership Services: Know Your Rights
If a creditor is seeking a court-appointed receiver, you must act fast. We help businesses understand their rights, explore alternatives, and navigate receivership services.
Financial Restructuring for Businesses
If you need a business debt solution without filing for insolvency, an informal proposal may be an option. A business review can also assess your financial health and restructuring needs. Companies often choose these solutions when they want to avoid a formal bankruptcy filing while still negotiating with unsecured creditors for better repayment terms.
Why Choose Campbell Saunders Ltd.?
We specialize in business debt solutions, financial restructuring for businesses, and corporate recovery, providing business owners with a clear plan to move forward.
How Our Licensed Insolvency Trustees Help:
- Legal Protection – Stop legal actions with a Stay of Proceedings.
- Debt Repayment Plans – Improve your business cash flow management with structured debt payments.
- Creditor Negotiations – Secure flexible payment terms.
- Debt Recovery Strategies – Find ways to reduce business debt and improve working capital.
- Trusted Business Advisors – We have helped businesses with Division I Proposals, corporate bankruptcies, and business restructuring options.
Talk to an Expert About Your Business Debt
How We’ve Helped Businesses Recover
A mid-sized manufacturing company in Vancouver was struggling with financial difficulties due to market shifts and declining revenue. The business faced overdue payments and creditor lawsuits, making it difficult to maintain daily operations. The owners contacted Campbell Saunders Ltd., and we helped them file a Division I Proposal, stopping legal actions and renegotiating their debt repayment plan. This restructuring allowed the company to continue operating, improve cash flow, and rebuild vendor trust. Today, they are back on track, growing their revenue while managing a sustainable debt plan.
Another Business Turnaround Success Story
A local retail chain faced mounting debts and pressure from multiple creditors. With business operation costs rising and declining sales, they needed immediate relief. Our team helped them restructure their debt through a combination of short-term repayment plans, creditor negotiations, and better cash flow management. By avoiding bankruptcy and working through financial restructuring, the company successfully stabilized its finances and remained open, protecting jobs and future growth.
- Division I Proposal
If your business is facing challenges but still has a viable future, a corporate Division I proposal is an option to explore. It will grant your business protection from legal action by creditors and a structured plan to pay back your business debts, or a portion of them, and allows time to restructure.
- Corporate Bankruptcy
For a non-viable business, a bankruptcy allows for equitable asset distribution and a more manageable winding up process if various creditors are taking, or threatening to take, legal action to recover amounts owed to them. A business director or owner will also want to assess whether they are personally responsible for any of the business debts.
- Business Review
Do you need a new set of eyes to review your business and operations? A Business Review enables you to gain unbiased, third party advice and suggestions for the future viability of your business.
- Informal Proposal
If you’d like to make a repayment arrangement with your creditors without filing a legal insolvency process like a Proposal or a Bankruptcy, an Informal Proposal may be a good option for certain, less complicated situations.
- Receivership
Creditors can apply to the Court to have a Receiver appointed in respect of a business that owes them money. If you have received a Notice of Intention to Enforce Security, contact us immediately – the period for taking action to prevent more serious issues is usually only ten days.
Frequently Asked Questions
The duration of a Division I Proposal depends on the business’s financial situation and the agreed-upon terms with creditors. A lump sum payment proposal can be completed in a matter of months, while those with structured monthly payments typically last 3 to 6 years. However, there is no legal time limit—the key requirement is that the proposal must be reasonable and accepted by creditors.
If your business is incorporated, your personal assets are generally protected. However, if you have personally guaranteed any loans, you may still be held liable. Additionally, certain CRA debts may be assessed as the director’s personal liability, meaning you could be responsible for repayment even if the business declares bankruptcy.
Employees may be affected, but there are federal government programs that help cover unpaid wages in cases of business closure.
Yes, small businesses can apply for debt restructuring solutions, including informal proposals and Division I Proposals, depending on the level of debt and financial outlook.
Take Control of Your Business Finances
If your business is struggling with debt, don’t wait until it’s too late. Campbell Saunders Ltd. provides business debt relief solutions to help you regain control and move forward with confidence.
Book a Free Consultation to explore your options with a Licensed Insolvency Trustee today!
