We've helped
over 9,000 people
get their lives back
on track

"Thanks for all your help, it’s a big weight off my shoulders."

~CP

"Thank you for all your help and understanding. It is a great feeling being free from the noose of debt."

~CE

"Thanks to Mr. Beverley and his staff for all your help."

~JS

"Thank you all for helping guide us through our financial difficulties. The care and respect shown to us by all your staff was greatly appreciated."

~W&C M.

"Just a note of thank you and appreciation for your time and helpful information."

~PSR

"Thank you for all your help during this past year. It has restored my faith and hope for a better future."

~

"Thank you very much for pulling me out of the hole in 2007. My life is back on track…You’re a godsend."

~GC

"Just a little note to say thanks so much for everything. Because of you all I have no more stress due to finances. You took away that big black cloud."

~JJ

"This comes with appreciation for the thoughtfulness you’ve shown."

~RO

"Thank you so very much for all that you have done for us. You have given us a new start and we appreciate it very much."

~P&S D

"Thank you for all your team’s hard work!!!!!!!!"

~JNP

"Thank you for all your kind help."

~BA

"Thank you for all your help. I really appreciate it."

~LS

"Thanking you so much for your excellent service and making a pretty difficult year less difficult. Want to say all the best to you and your Company."

~LN

"Thank you for your wonderful support, guidance, patience, understanding and kindness. I am on the right path now with a fresh start. My son and I have a much brighter future and words could not express how thankful I am."

~FL

"What you do in regard to helping people to maintain self respect while learning to cope and face the realities of their financial situation, goes beyond mere words. We have learned so much and our future will be better for those reasons."

~KT

"We appreciate everything that you have done for us and we are enjoying life so much more now. Everyone in your office has been so nice and helpful. Thanks for helping us to understand each step of our bankruptcy."

~SR

"I would like to thank you and your staff for making a situation that was personally uncomfortable better. Thanks a Million!!!!!!!"

~C

"To all the AMAZING staff at John S. Beverley & Associates!!! Thank you for your support, understanding, patience, and education you have given me this year. You are all truly special people who have been a positive influence in my life. Thank you!"

~CF

"Thank you for all the “hand holding” over the past year."

~LP

"I want to thank John and his staff, and in particular, Melody, for being especially understanding during an extremely difficult time for me. Without judgment and with a lot of caring, compassion and hand holding, they were able to see me through the entire process in a very stress free manner. I will forever be grateful."

~MF

"I want to “Thank You” for all your help and more."

~TJ

"Thank you for making a difficult situation not so difficult."

~KR

"I truly would like to thank you for all the help and wonderful service you have provided us. Thank you so much."

~CW

"Thanks for all your assistance over the past year and being helpful, this is a hard thing for me. Your telephone manner is so helpful in easing my concern. Thank You!!!!!!!!!!!!"

~G

"Thank you...for your kindness, help and respect, and for removing many stresses from my life, thus allowing me to begin again. You are so much appreciated."

~SD

"We would like to thank John S Beverley & Associates Inc. for giving us our lives back. The phone does not ring day and night and when it does ring there is a friendly voice on the other end. "

~WS

"I have learned to budget better and make my dollar go further. I admit that I still need and have room for improvement, however you and your staff have helped me considerably."

~AV

"Thank you! We so appreciate that you have helped us through this crisis. We are starting to feel whole again and looking forward to spending our retirement in peace. Thanks again"

~R & M M

"When I think of all the things you’ve done, I simply can’t just stop with one……So Thank You again and again to Mr. Beverley and staff who helped us through a very difficult time of our life. We truly appreciate your extreme kindness."

~MZA

"We want to Thank You and your team at Beverley & Associates for successfully negotiating our proposal"

~VM

"Bankruptcy is a difficult thing for anyone to experience, there is shame, fear and financial hardship to endure. I would like to take this opportunity to applaud you all on making this process so much easier for us."

~MD

"Thank you all for your caring and kindness during a difficult time. I feel like I have my life back. Thank you...thank you!"

~

"I’d like to take the time to thank you very much for all your help your staff and Mr. Beverley have given me to help make this as painless as possible."

~DH

"Thanks a million. You have been very kind, and I am most grateful."

~BB

"Thank you for your assistance and professionalism, it has been greatly appreciated."

~TC

"We want to take this opportunity to Thank You and all your staff for your exceptional, competent, and so friendly service that you rendered to us. We will gratefully remember the experience and remain at your service."

~HC

"Thanks for your help and guidance during the black times of our bankruptcy. You brought peace and a ray of color in a dark time."

~LS

"I just want to thank you again for your prompt attention to my situation. It was very much appreciated. Your efforts helped ease some of the stress of this difficult time."

~CE

"Thank you all for the help in the past, you are very nice people."

~JB

"A very kind and friendly voice……..I was already feeling very bad about my situation and she was very comforting. Thank you. "

~SD

"Thank you all very much for everything."

~DKW

"I would like to Thank You and your staff very much for helping me through one more very difficult time of my life."

~SG

"Thanks very much, I appreciate all you and your company have put into my file."

~TJ

" I just want to wish Thank You for a job well done!!!!!"

~MP

"It was all worth it, everything is going good now and I’ve already recommended you guys to a couple different people."

~W

"We appreciate the counselling and all the advice on our 2nd chance. Thanks for being there and giving us our “kick in the butt” when we needed it the most."

~LB

"You people are so very, very nice. You have helped me more than words can say. You are all totally appreciated!"

~JH

"Thank you for helping us through a difficult financial time and also a difficult personal time in our lives. It was nice to deal with people who have integrity."

~TM

"Thank you very much for being so kind and so generous. You people have all made my life so much easier even when I thought I was guilty, you saw me as a victim which I really didn’t realize I was until I came to your business. I now feel like a butterfly set free. Thanks for everything."

~ST

"Thank you for your patience and help this past year."

~JK

"I appreciate everything you’ve done and taught me."

~J

"I have definitely benefited in the last year. I have been taught money management, patience and discipline. Thank you so much for making me debt free!"

~JH

"Thank you so much for helping me out here, from the bottom of my heart."

~SN

"To all the staff thank you very much for all your help and friendliness."

~LC

"Mr. Beverley and Staff: Thank you so much everyone for your help in the past year. I was treated with compassion, kindness and understanding. I was reluctant to seek help, but in the future I would recommend your services to anyone. You were professional, yet explained things in a clear and simple manner. I am grateful to you all!"

~MA

"Thanks for all your assistance over the past year."

~JM

"I met with you last week in regards to my financial situation. Though you were really unable to assist me you did give me some great advice."

~JS

"A simple Thanks to everyone for all your help and support. You have changed by life from worse to a better one."

~WG

"Your kindness was appreciated more than words can say…..Thank you very much…….I will never forget your kindness and competence in serving me."

~S.

"I am back in control of my finances with your assistance. Your help made all the difference. Thank you!"

~T

Doing Nothing

If a limited company has few assets, if all of the assets are secured by a lender or if they are subject to a large Trust claim, it may not be necessary for the company to take any formal steps.  Once the assets are seized by a creditor there is often little point in initiating any formal proceedings.  A company which is no longer trading would eventually be struck from the records for the non-filing of annual corporate returns.  Formal proceedings are only necessary if the directors are trying to save the company or if assets remain for the unsecured creditors.

A Corporate Bankruptcy is primarily designed to provide a mechanism for the orderly disposition of assets and the equal distribution of the proceeds among the creditors, by a Licensed Insolvency Trustee.  If no assets remain then a corporate bankruptcy may be unnecessary.

Directors Beware

If a company fails to remit its payroll deductions, corporate income tax or GST/HST obligations, Canada Revenue Agency (formerly Revenue Canada) in many cases will have the right to pursue any Directors of the company for any amounts they are unable to collect from the company's assets.

Any individual who signed a "Personal Guarantee" on behalf of the company will also likely be pursued if the creditor cannot collect from the company's assets.  Many landlords and suppliers will routinely expect the owners of companies to sign personal guarantees, to protect them if the company fails.

It is therefore common that the failure of a company will result in obligations for the owners and directors which may lead to personal financial problems for them.

Please contact us to help you evaluate your company's difficulties and to suggest a solution for you.

Lenders Beware

Canada Revenue Agency has a super-priority status which ranks ahead of secured lenders, and even a Bankruptcy Estate.

If a Company, or a self-employed individual, fails to remit payroll deductions or GST/HST remittances, and goes out of business, Canada Revenue Agency will routinely pursue the debtors assets.  Even if those assets are charged by a General Security Agreement or other forms of security they can claim priority.

They can also pursue proceeds from the sale of secured assets, after a lender has seized and sold their collateral.

Lenders should regularly inquire about the status of borrowers obligations to Canada Revenue Agency.  Lenders should seek legal advice about Canada Revenue Agency’s entitlements if a borrower’s arrears appear to jeopardize their collateral.

Creditor Protection and Financial Freedom starts today.

If you complete our Corporate Questionnaire which can be downloaded here, we will spend the necessary time with you evaluating your circumstances and together will determine the debt solution that best suits your circumstances. We will then ensure you fully understand the debt options and how you may be affected. The initial consultation is free of cost and obligation.  You have nothing to lose but the overwhelming debt load.  Start now by downloading the questionnaire, or call us at 250-563-4300 or 1-800-708-4330 for assistance.