Services / Corporate Proposal

Corporate Proposal

Commercial ventures, such as incorporated businesses or some unincorporated partnerships, are recognized as “persons” separate from the individuals who run them, and are eligible to seek debt help or consolidation instead of filing for bankruptcy. This process is called a Commercial or Corporate Proposal.

As a Licensed Insolvency Trustee, Derek L. Chase & Associates, Ltd. can help your business by investigating the financial affairs of the business and administering a corporate proposal, all while protecting the rights of your creditors and ensuring that your rights are not abused.

Corporate Proposal - Division 1

How does a Corporate Proposal work?

Consultation and evaluation

First, you’ll meet with a trustee for a free initial consultation to determine whether a proposal would fit your situation. A thorough detailed analysis of your financial situation is required to properly evaluate if a debt settlement proposal is suitable.

Preparing and presenting the Corporate Proposal

If we feel this service would work for your situation, then the proposal will be structured to find a balance that will work as well as possible for both your business and its creditors.

Once the debt settlement proposal has been completed, our office will contact the creditors with the proposal.

Contact us today to schedule a free initial consultation.

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Vancouver Island
Campbell River Debt Solutions
400 Tenth Avenue
Campbell River, BC V9W 4E3
250.287.8331
Courtenay Debt Solutions
#102-635 Fitzgerald Avenue
Courtenay, BC V9N 2R4
250.897.1885
Parksville / Qualicum Debt Solutions
124 Middleton Avenue
Parksville, BC V9P 2H4
1.866.317.8331
Sunshine Coast
Powell River Debt Solutions
4493A Marine Avenue
Powell River, BC V8A 2K3
604.485.7302
Sechelt/Gibsons Debt Solutions
#301-5500 Wharf Ave
Sechelt, BC V0N 3A0
604.884.5188
BC North Coast
Terrace, Prince Rupert & Kitimat Debt Solutions
101 - 4639 Lazelle Avenue
Terrace, BC V8G 1S8
1.866.317.8331
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