In a cash flow crisis and in order to avoid the expense and formality of a formal insolvency proceeding, sometimes arrangements with specific creditors can be structured in order to preserve key supplies to the organization while deferring creditor action respecting enforcement proceedings for collection of their outstanding accounts. Often these types of agreements are individually structured with each significant creditor. These negotiations and agreements require experience in these types of negotiations in order to bring both parties together for their mutual benefit and to minimize legal costs.

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Tel: 1-888-498-5555
Email: info@doylegroup.ca