Facts & Information Page:
Hayes Mc Neil & Partners Ltd. - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Business Reorganization and Viability Reports

Proposals under the Bankruptcy and Insolvency Act

Bankruptcy

COMPANY CONTACT INFORMATION:

Hayes Mc Neil & Partners Ltd.
3290 3rd Ave
Port Alberni , BC V9Y 4E1
Website:http://www.hmpltd.com/index.html

Customer Service Phone: 250-723-0300
Customer Service Fax:250-754-1903
Contact's Phone:(250) 754-9551
COMPANY INFORMATION AND BIOGRAPHY:

Product Name Product Description
Business Reorganization and Viability Reports Think of having the proposal. A proposal grants you options for percentage settlement or additional time to pay off your debts. Ownership of assets and management of the business will remain as a responsibility of the debtor. A proposal can be made with the assistance of a Trustee and, if honored by the creditors and the court. It will then become a legally binding agreement between the debtor and creditors.

A proposal is a viable alternative to bankruptcy. Creditors realize a greater recovery and the debtor, having met his obligations as defined in the proposal, sees his liabilities extinguished.
Proposals under the Bankruptcy and Insolvency Act Think of having the proposal. A proposal grants you options for percentage settlement or additional time to pay off your debts. Ownership of assets and management of the business will remain as a responsibility of the debtor. A proposal can be made with the assistance of a Trustee and, if honored by the creditors and the court. It will then become a legally binding agreement between the debtor and creditors.

A proposal is a viable alternative to bankruptcy. Creditors realize a greater recovery and the debtor, having met his obligations as defined in the proposal, sees his liabilities extinguished.
Bankruptcy There are times when no options or course of action is obtainable and a debtor should then think of bankruptcy may it be personal or corporate. In voluntary assignment or petition for a receiving order, a debtor can create a voluntary assignment or a creditor could petition a reluctant debtor into bankruptcy. Secured creditors may ask for the bankruptcy to secure the value of their security from statutory claims. A petition may also be utilized to oblige a reluctant debtor into bankruptcy to allow the Trustee to look into fraudulent transfers of assets.