Business Debt Restructuring

CTG can develop turnaround plans tailored to your specific and unique circumstances.

Debt Restructuring

Small to medium sized businesses in financial distress, face a very unique set of immediate challenges. Most business owners are not trained on financial restructuring.  This is a time for timely decision making and a proactive approach to the financial challenges facing the business. CTG and Intermark Laws approach is to immediately stabilize the situation and to quickly develop effective plans to ensure short-term survival and set the business up for long-term success.

CTG can develop restructuring plans tailored to your specific and unique circumstances.

Corporate Turnaround and Intermark Law represent their client, not their creditors, to find the most effective solutions for the business and the business owners, while helping them to avoid bankruptcy.

The settlements we’ve achieved assisting the restructuring of debts for our corporate clients averages 25% of original debts owed.


Debt restructuring can involve informal restructuring or in more complex cases, utilizing the provisions contained in the Bankruptcy and Insolvency Act.Informal Business Debt Restructuring -This solution requires negotiating directly with each creditor, supplier, and potentially CRA.  The end result can achieve a one-time settlement of delinquent debt, modification of secured lending agreements, or a new payment arrangement with CRA.
Formal Business Debt RestructuringDivision One Proposal:

The Bankruptcy and Insolvency Act (BIA) allows financially troubled corporations owing less than $5M the opportunity to restructure payment terms with the creditors

  • This allows the company to stay operational during the restructuring and provides the company protection from creditors under the BIACompanies’ Creditors Arrangement Act (CCAA) – The CCCA is available to larger corporations with amounts owing to creditors more than $5 million. The CCAA also allows a company to address its shareholders in addition to its creditors.
Know Your Options Business Assessment

Dynamic Online Assessment!

Complete the assessment form to receive a corporate summary review covering key financial and legal aspects.

Know Your Options Business Assessment