|
Mendlowitz & Associates also acts on behalf
of debtor companies to advise and assist in restructuring and reorganization
efforts required as a result of financial difficulties. These roles
include acting on behalf of the debtor in negotiating with its creditors
(including banks and financial institutions), acting as a Trustee
in a commercial reorganization filed under the Bankruptcy and Insolvency
Act, and, if necessary, acting in a formal capacity to wind-up or
close a business.
By acting for debtor companies as well as secured lenders, we have
developed an understanding of both perspectives. This understanding,
together with our team's years of experience in dealing with financially
troubled companies and our personal hands-on approach to problem
solving, adds value to the advice and services we render. We believe
that our perspective, experience and personal approach results in
a benefit to each and every party affected by any particular engagement
with which we are involved, whether our client is the debtor or
secured lender.
Personal Assignments
Mendlowitz & Associates also acts for individuals by providing
financial counselling, and where necessary, accepting engagements
of personal bankruptcy or proposal proceedings for people experiencing
financial difficulty. We pride ourselves on being able to provide
personal service to all of our clients. Our role is to analyze the
individual’s personal financial situation, outline the available
options and recommend a plan that is right for that person and their
family. If there is a solution to a financial problem, we will find
it.
|