RE:RE:Uh oh. Attention Kmart shoppers. Blue light special!MNP also specializes in Bankruptcy - In case anyone wants a dose of reality.
https://bankruptcy.mnpdebt.ca/corporate-bankruptcy?customer_id=759-371-1402&gad_source=1&gclid=Cj0KCQjwlN6wBhCcARIsAKZvD5iBfH7wPYD9ckcAFpkRIpVDWY4p5Skdmctaq-beUGX3E95KZv5caY4aAhZqEALw_wcB&gclsrc=aw.ds
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If your company’s financial position has deteriorated to the point where an informal turnaround or a formal proposal are no longer feasible, it may be appropriate to file assignment in bankruptcy. While this option is a last resort, this proceeding halts further losses to creditors and shareholders. As a Licensed Insolvency Trustee, MNP LTD can administer the bankruptcy estate in a transparent manner according to the provisions of the Bankruptcy and Insolvency Act (BIA). The BIA is legislation that provides for the distribution of the assets of the bankrupt company to its creditors in an orderly and fair manner.