Bankruptcy is a formal process whereby debtors who cannot meet their obligations sign over all of their assets, except those exempt by law, to a Licensed Insolvency Trustee in order to sell off those assets to satisfy outstanding debts.

Other Bankruptcy & Insolvency services:

• Consumer Proposal
• Corporate Restructuring
• Corporate Bankruptcy
• Private or Court Appointed Receivership
• Enforcement of Secured Creditors' Rights