
{"id":6586,"date":"2020-04-22T13:47:48","date_gmt":"2020-04-22T17:47:48","guid":{"rendered":"https:\/\/dev-ginsberg-gingras.flywheelsites.com\/business\/loi-arrangements-creanciers-de-compagnies-lacc\/"},"modified":"2023-06-06T15:10:43","modified_gmt":"2023-06-06T19:10:43","slug":"creditors-arrangement-act","status":"publish","type":"page","link":"https:\/\/ginsberg-gingras.com\/en\/business\/creditors-arrangement-act\/","title":{"rendered":"Creditors Arrangement Act"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6586\" class=\"elementor elementor-6586 elementor-6513\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ca101e5 elementor-section-stretched elementor-section-height-min-height elementor-section-items-bottom elementor-section-content-middle no-pad banner-gradient-page banner-page elementor-section-boxed elementor-section-height-default\" data-id=\"2ca101e5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6c291ffa hero_text_fix\" data-id=\"6c291ffa\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40d069e1 elementor-widget elementor-widget-text-editor\" data-id=\"40d069e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h1>Creditors Arrangement Act<\/h1>\n<p class=\"acs\">We resolve. You restart.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6c5d0b1f hero_image_fix\" data-id=\"6c5d0b1f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3675d1be dce_masking-none elementor-widget elementor-widget-image\" data-id=\"3675d1be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"499\" height=\"509\" src=\"https:\/\/ginsberg-gingras.com\/wp-content\/uploads\/2023\/01\/Entreprise-Loi-sur-les-arrangements-avec-les-creanciers.jpg\" class=\"attachment-large size-large wp-image-35674\" alt=\"\" srcset=\"https:\/\/ginsberg-gingras.com\/wp-content\/uploads\/2023\/01\/Entreprise-Loi-sur-les-arrangements-avec-les-creanciers.jpg 499w, https:\/\/ginsberg-gingras.com\/wp-content\/uploads\/2023\/01\/Entreprise-Loi-sur-les-arrangements-avec-les-creanciers-294x300.jpg 294w\" sizes=\"(max-width: 499px) 100vw, 499px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e450519 newdesign-darktext elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e450519\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-554cb97\" data-id=\"554cb97\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-27f9ef2 newdesign-darktext elementor-widget elementor-widget-text-editor\" data-id=\"27f9ef2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Creditors Arrangement Act<\/h2><p class=\"p1\">The Companies&#8217; Creditors Arrangement Act (CCAA) is a specific measure for businesses with a minimum of $ 5 million in debts. This federal provision makes it possible to resolve the financial difficulties of a company by means of a restructuring made under the supervision of the court.<\/p><p class=\"p2\">Companies with less than $ 5 million in debt also have access to a business turnaround process. However, the process does not go through the CCAA.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f475378 newdesign-bgdark elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f475378\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6145f50\" data-id=\"6145f50\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8398062 newdesign-paletext elementor-widget elementor-widget-text-editor\" data-id=\"8398062\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>The benefits of the Companies&#8217; Creditors Arrangement Act<\/h2><p>\u00a0<\/p><p class=\"p1\">The primary objective of this law is to promote the recovery of businesses so that they can avoid possible closings. The CCAA also offers certain benefits, including:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a1a2a28 newdesign-listfull elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1a2a28\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-702aa8a\" data-id=\"702aa8a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91dbf48 elementor-widget elementor-widget-text-editor\" data-id=\"91dbf48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Maintain business activities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7945a73\" data-id=\"7945a73\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3fcb69 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"a3fcb69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"33\" viewBox=\"0 0 30 33\" fill=\"none\">\n  <path d=\"M16.8876 0C9.8256 0 4.13106 5.40833 3.77515 12.21L0.178596 16.8483C-0.270973 17.4167 0.178596 18.3333 0.965341 18.3333H3.77515V23.8333C3.77515 25.8683 5.4423 27.5 7.52155 27.5H9.39476V33H22.5072V24.4017C26.9467 22.3483 30 17.9667 30 12.8333C30 5.75667 24.1556 0 16.8876 0ZM24.3804 10.6883C24.3804 13.5117 21.8328 15.7667 17.974 19.195L16.8876 20.1667L15.8011 19.195C11.9423 15.7667 9.39476 13.5117 9.39476 10.6883C9.39476 8.48833 11.193 6.67333 13.4409 6.655H13.5158C14.8083 6.655 16.0446 7.22333 16.8876 8.17667C17.7305 7.22333 18.9668 6.655 20.2593 6.655C22.5072 6.63667 24.3804 8.415 24.3804 10.615V10.6883Z\" fill=\"#9CFC4D\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f82e044 newdesign-listfull elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f82e044\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f868b74\" data-id=\"f868b74\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-721132e elementor-widget elementor-widget-text-editor\" data-id=\"721132e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Avoid bankruptcy and foreclosure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4e31af8\" data-id=\"4e31af8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f55c439 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"f55c439\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"33\" viewBox=\"0 0 30 33\" fill=\"none\">\n  <path d=\"M16.8876 0C9.8256 0 4.13106 5.40833 3.77515 12.21L0.178596 16.8483C-0.270973 17.4167 0.178596 18.3333 0.965341 18.3333H3.77515V23.8333C3.77515 25.8683 5.4423 27.5 7.52155 27.5H9.39476V33H22.5072V24.4017C26.9467 22.3483 30 17.9667 30 12.8333C30 5.75667 24.1556 0 16.8876 0ZM24.3804 10.6883C24.3804 13.5117 21.8328 15.7667 17.974 19.195L16.8876 20.1667L15.8011 19.195C11.9423 15.7667 9.39476 13.5117 9.39476 10.6883C9.39476 8.48833 11.193 6.67333 13.4409 6.655H13.5158C14.8083 6.655 16.0446 7.22333 16.8876 8.17667C17.7305 7.22333 18.9668 6.655 20.2593 6.655C22.5072 6.63667 24.3804 8.415 24.3804 10.615V10.6883Z\" fill=\"#9CFC4D\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8d73b26 newdesign-listfull elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8d73b26\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-744a8a1\" data-id=\"744a8a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d6b2cc elementor-widget elementor-widget-text-editor\" data-id=\"9d6b2cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Suspend the execution and realization &#8211; Optimize returns for creditors measures of the creditors .<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1a5a41e\" data-id=\"1a5a41e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1554b12 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"1554b12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"33\" viewBox=\"0 0 30 33\" fill=\"none\">\n  <path d=\"M16.8876 0C9.8256 0 4.13106 5.40833 3.77515 12.21L0.178596 16.8483C-0.270973 17.4167 0.178596 18.3333 0.965341 18.3333H3.77515V23.8333C3.77515 25.8683 5.4423 27.5 7.52155 27.5H9.39476V33H22.5072V24.4017C26.9467 22.3483 30 17.9667 30 12.8333C30 5.75667 24.1556 0 16.8876 0ZM24.3804 10.6883C24.3804 13.5117 21.8328 15.7667 17.974 19.195L16.8876 20.1667L15.8011 19.195C11.9423 15.7667 9.39476 13.5117 9.39476 10.6883C9.39476 8.48833 11.193 6.67333 13.4409 6.655H13.5158C14.8083 6.655 16.0446 7.22333 16.8876 8.17667C17.7305 7.22333 18.9668 6.655 20.2593 6.655C22.5072 6.63667 24.3804 8.415 24.3804 10.615V10.6883Z\" fill=\"#9CFC4D\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b5c07d7 newdesign-listfull elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b5c07d7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7177cba\" data-id=\"7177cba\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dbed143 elementor-widget elementor-widget-text-editor\" data-id=\"dbed143\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Optimize returns for creditors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-decfc6e\" data-id=\"decfc6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bcf383 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"1bcf383\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"30\" height=\"33\" viewBox=\"0 0 30 33\" fill=\"none\">\n  <path d=\"M16.8876 0C9.8256 0 4.13106 5.40833 3.77515 12.21L0.178596 16.8483C-0.270973 17.4167 0.178596 18.3333 0.965341 18.3333H3.77515V23.8333C3.77515 25.8683 5.4423 27.5 7.52155 27.5H9.39476V33H22.5072V24.4017C26.9467 22.3483 30 17.9667 30 12.8333C30 5.75667 24.1556 0 16.8876 0ZM24.3804 10.6883C24.3804 13.5117 21.8328 15.7667 17.974 19.195L16.8876 20.1667L15.8011 19.195C11.9423 15.7667 9.39476 13.5117 9.39476 10.6883C9.39476 8.48833 11.193 6.67333 13.4409 6.655H13.5158C14.8083 6.655 16.0446 7.22333 16.8876 8.17667C17.7305 7.22333 18.9668 6.655 20.2593 6.655C22.5072 6.63667 24.3804 8.415 24.3804 10.615V10.6883Z\" fill=\"#9CFC4D\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3712cbe newdesign-listfull newdesign-listfull-last elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3712cbe\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-eba2ad8\" data-id=\"eba2ad8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c779403 elementor-widget elementor-widget-text-editor\" data-id=\"c779403\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Terminate or renegotiate certain contracts or agreements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7138aab\" data-id=\"7138aab\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d5211b elementor-widget elementor-widget-jet-inline-svg\" data-id=\"6d5211b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"35\" height=\"29\" viewBox=\"0 0 35 29\" fill=\"none\">\n  <path d=\"M35 14.5053L29.9167 12.5769C29.4833 10.6145 28.4 9.48816 28.4 9.48816C25.6667 6.6895 21.25 6.6895 18.5167 9.48816L16.05 12.0138L5 0C3.33333 6.82602 5 13.652 9.08333 19.147L0 28.1573C0 28.1573 14.8167 31.5703 23.45 24.659C28.05 20.9729 29.0833 18.8227 29.7333 16.5531L35 14.5053ZM26.1833 14.8807C25.5333 15.5463 24.4667 15.5463 23.8167 14.8807C23.1667 14.2152 23.1667 13.1401 23.8167 12.4745C24.4667 11.809 25.5333 11.809 26.1833 12.4745C26.8333 13.1401 26.8333 14.2152 26.1833 14.8807Z\" fill=\"#9CFC4D\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f07b0a newdesign-paletext elementor-widget elementor-widget-text-editor\" data-id=\"1f07b0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<\/p><p>If you want to know more about this solution, the professionals at Ginsberg Gingras are available quickly. Thanks to their knowledge of the CCAA, you will get all the information you need regarding the legal procedures and obligations that govern this process.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7642be6 newdesign-darktext elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7642be6\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20296b0\" data-id=\"20296b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b9842fd elementor-widget elementor-widget-text-editor\" data-id=\"b9842fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Here is how a proposal works?<\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1ba3bd0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ba3bd0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1a3f237\" data-id=\"1a3f237\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c39007 newdesign-speclist elementor-widget elementor-widget-text-editor\" data-id=\"3c39007\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li>Initial request to be placed under the protection of the CCAA.<\/li><li>Issuance of initial order by court suspending creditors&#8217; proceedings.<\/li><li>Preparation of the transaction plan which includes explanations on the planned restructuring and the proposal for reimbursement to creditors.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f33dafa\" data-id=\"f33dafa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2fa5a97 newdesign-speclist elementor-widget elementor-widget-text-editor\" data-id=\"2fa5a97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol start=\"4\"><li>Appointment of a Licensed Insolvency Trustee (LIT) as Monitor. If a LIT has been assisting you since the start of the procedures, the latter can act as a monitor.<\/li><li>The court establishes the complaints procedure.<\/li><li>Presentation of the plan and vote of creditors.<\/li><li>Approval of the plan and distribution of payments.<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e05adb newdesign-paletext newdesign-bgdark elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e05adb\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4003496\" data-id=\"4003496\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f490291 elementor-widget elementor-widget-text-editor\" data-id=\"f490291\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Business recovery, a solution to debt<\/h2><p>\u00a0<\/p><p class=\"p1\">For a business turnaround to be successful, no detail must be overlooked. An in-depth analysis will help to target the cause of the debt and will influence the choice of strategy to implement. Clarifying the vision of the company and its objectives can also lead to a financially favorable reorientation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19c4fcf newdesign-darktext elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19c4fcf\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c24b189\" data-id=\"c24b189\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-402e0b3 newdesign-darktext elementor-widget elementor-widget-text-editor\" data-id=\"402e0b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>The role of the monitor during a business turnaround<\/h2><p class=\"p1\">Acting as monitor, the LIT is a key player in a business recovery process. Its mandate is to see to the smooth running of the CCAA at each phase of the restructuring.<\/p><p class=\"p1\">As monitor, he produces reports for creditors and the court, he acts as a resource person for stakeholders and convenes the creditors&#8217; meeting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-81b9f3b newdesign-paletext newdesign-bgdark elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"81b9f3b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebd84ee\" data-id=\"ebd84ee\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f2c33c elementor-widget elementor-widget-text-editor\" data-id=\"8f2c33c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Ginsberg Gingras, a business recovery aid<\/h2><p>\u00a0<\/p><p class=\"p1\">If you are considering using the CCAA or if you are inquiring for one of your clients, do not hesitate to call on our experienced LIT team. Our commercial insolvency professionals will tell you about corporate recovery measures and other solutions that may work.<\/p><p class=\"p1\">If it turns out that the CCAA is the best solution to resolve the financial difficulties of your company or your client, our LIT will take care of all the steps to allow an orderly business recovery. This will allow you to focus on your role in the business while we take care of putting the finances in order.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d249f94 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"d249f94\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fc7e2f\" data-id=\"0fc7e2f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2bacd elementor-widget elementor-widget-template\" data-id=\"ae2bacd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"page\" data-elementor-id=\"10492\" class=\"elementor elementor-10492\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fee346d stop-popup block-gradient-stats block-stats newdesign-paletext elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fee346d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-c66b500\" data-id=\"c66b500\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b20c007 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"b20c007\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"36\" height=\"36\" viewBox=\"0 0 36 36\" fill=\"none\">\n  <path d=\"M32.3616 18.4246C32.3616 10.6896 26.0966 4.42456 18.3616 4.42456C10.6266 4.42456 4.36157 10.6896 4.36157 18.4246C4.36157 26.1596 10.6266 32.4246 18.3616 32.4246C26.0966 32.4246 32.3616 26.1596 32.3616 18.4246ZM35.8616 18.4246C35.8616 28.0846 28.0216 35.9246 18.3616 35.9246C8.70157 35.9246 0.861572 28.0846 0.861572 18.4246C0.861572 8.76456 8.70157 0.924561 18.3616 0.924561C28.0216 0.924561 35.8616 8.76456 35.8616 18.4246ZM14.8616 14.0496C14.8616 15.4496 13.6366 16.6746 12.2366 16.6746C10.8366 16.6746 9.61157 15.4496 9.61157 14.0496C9.61157 12.6496 10.8366 11.4246 12.2366 11.4246C13.6366 11.4246 14.8616 12.6496 14.8616 14.0496ZM27.1116 14.0496C27.1116 15.4496 25.8866 16.6746 24.4866 16.6746C23.0866 16.6746 21.8616 15.4496 21.8616 14.0496C21.8616 12.6496 23.0866 11.4246 24.4866 11.4246C25.8866 11.4246 27.1116 12.6496 27.1116 14.0496ZM18.3616 27.5771C15.2991 27.5771 12.6041 26.2996 11.0291 24.4096L13.5141 21.9246C14.3016 23.1846 16.1741 24.0771 18.3616 24.0771C20.5491 24.0771 22.4216 23.1846 23.2091 21.9246L25.6941 24.4096C24.1191 26.2996 21.4241 27.5771 18.3616 27.5771Z\" fill=\"white\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3bc8a2 newdesign-counter elementor-widget elementor-widget-counter\" data-id=\"c3bc8a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">satisfied clients<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"140000\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"> +<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-04c69ad\" data-id=\"04c69ad\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb926e6 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"eb926e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"26\" height=\"36\" viewBox=\"0 0 26 36\" fill=\"none\">\n  <path d=\"M12.9529 0.924561C19.8457 0.924561 25.4529 6.41956 25.4529 13.1746C25.4529 22.3621 12.9529 35.9246 12.9529 35.9246C12.9529 35.9246 0.452881 22.3621 0.452881 13.1746C0.452881 6.41956 6.06002 0.924561 12.9529 0.924561ZM10.2207 21.9246L21.8815 10.3921L19.3815 7.92456L10.2207 16.9896L6.52431 13.3321L4.02431 15.7996L10.2207 21.9246Z\" fill=\"white\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-facaf51 newdesign-counter elementor-widget elementor-widget-counter\" data-id=\"facaf51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">in Ontario, Quebec &amp; New Brunswick <\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"40\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">+ offices<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-c443cb2\" data-id=\"c443cb2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c7720d elementor-widget elementor-widget-jet-inline-svg\" data-id=\"0c7720d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"33\" height=\"32\" viewBox=\"0 0 33 32\" fill=\"none\">\n  <path d=\"M23.0123 21.2L27.0956 23.904L26.0248 25.856L20.8707 22.4V14.4H23.0123V21.2ZM32.2926 20.8C32.2926 26.992 27.8238 32 22.2984 32C18.9004 32 15.9164 30.096 14.1032 27.2H5.16554V14.4H0.882324L15.1597 0L25.1539 10.064C29.2801 11.44 32.2926 15.728 32.2926 20.8ZM29.4371 20.8C29.4371 16.384 26.239 12.8 22.2984 12.8C18.3578 12.8 15.1597 16.384 15.1597 20.8C15.1597 25.216 18.3578 28.8 22.2984 28.8C26.239 28.8 29.4371 25.216 29.4371 20.8Z\" fill=\"white\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4faa6f9 newdesign-counter elementor-widget elementor-widget-counter\" data-id=\"4faa6f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">of service in the insolvency sector<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"40\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\">+ years<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-ca82d81\" data-id=\"ca82d81\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bdce2b7 elementor-widget elementor-widget-jet-inline-svg\" data-id=\"bdce2b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"jet-inline-svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-jet-inline-svg jet-elements\"><div class=\"jet-inline-svg__wrapper\"><div class=\"jet-inline-svg\"><div class=\"jet-inline-svg__inner\"><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"36\" height=\"34\" viewBox=\"0 0 36 34\" fill=\"none\">\n  <path d=\"M32.7064 17.5152L35.2192 20.4206L23.4987 34L17.2705 26.7879L19.7833 23.8824L23.4987 28.1685L32.7064 17.5152ZM12.7833 26.7879L18.168 32.9697H0.219238V28.8485C0.219238 24.2945 6.64488 20.6061 14.5782 20.6061L17.9705 20.8327L12.7833 26.7879ZM14.5782 0C18.5449 0 21.7577 3.68848 21.7577 8.24242C21.7577 12.7964 18.5449 16.4848 14.5782 16.4848C10.6115 16.4848 7.39873 12.7964 7.39873 8.24242C7.39873 3.68848 10.6115 0 14.5782 0Z\" fill=\"white\"><\/path>\n<\/svg>\n<\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9293080 newdesign-counter elementor-widget elementor-widget-counter\" data-id=\"9293080\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"counter.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-counter\">\n\t\t\t<div class=\"elementor-counter-title\">acceptance rate of our consumer proposal<\/div>\t\t\t<div class=\"elementor-counter-number-wrapper\">\n\t\t\t\t<span class=\"elementor-counter-number-prefix\"><\/span>\n\t\t\t\t<span class=\"elementor-counter-number\" data-duration=\"2000\" data-to-value=\"98\" data-from-value=\"0\" data-delimiter=\",\">0<\/span>\n\t\t\t\t<span class=\"elementor-counter-number-suffix\"> %<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Creditors Arrangement Act Creditors Arrangement Act The Companies&#8217; Creditors Arrangement Act (CCAA) is a specific measure for businesses with a minimum of $ 5 million in debts. This federal provision makes it possible to resolve the financial difficulties of a company by means of a restructuring made under the supervision of the court. Companies with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1003,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-6586","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Creditors Arrangement Act | Ginsberg Gingras<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ginsberg-gingras.com\/en\/business\/creditors-arrangement-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Creditors Arrangement Act\" \/>\n<meta property=\"og:description\" content=\"Creditors Arrangement Act Creditors Arrangement Act The Companies&#8217; Creditors Arrangement Act (CCAA) is a specific measure for businesses with a minimum of $ 5 million in debts. 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