Creditor Arrangement

WiseWay will “take the heat” off the current operators of the business by directly engaging all creditors who are pressing for payments. We take a hard nosed, yet pragmatic, approach to this process that requires some skillful negotiation of payment terms, including “haircuts” on outstanding balances. We will effectively engage Bailiffs, the CRA, Provincial and other collectors in a manner that permits the operation to continue uninterrupted. This arena does more to inhibit the forces of recovery and prevent creative inspiration that are essential in the recovery process. You, the operator, must be completely free and focussed on the needs of the day to day successful functioning of the business without the constant distraction of financial pressure.

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