With an ever changing economic climate, Peterson Haines understands its clients’ risk landscape fluctuates. The threat of financial distress is ever present for individuals and businesses. We manage complex matters such as insolvency and bankruptcy by providing early risk assessment.

We provide timely and sensitive advice to clients, both businesses and individuals, and guide them through the process toward the most suitable outcome.

Debt recovery

Our approach to debt recovery encompasses two core ideals: realism and efficiency.

Recovering debt can often be a lengthy process which can be made unnecessarily complicated. Our strategic and focused approach allows us to expedite this process and achieve prompt solutions and resolutions. We offer pragmatic advice on client prospects and, if required, our litigation expertise allows us to propose lateral solutions which include dispute resolution prior to representation in court.

Statutory Demand

Statutory demands can be served on a corporation at any time by a creditor who intends to wind up a company due to a non-payment of debt. A Statutory Demand is an official demand for payment of a debt by a creditor and are time critical. Our lawyers understand the seriousness of these demands and consequences for corporations if statutory demands are not addressed promptly upon receipt.

Peterson Haines can provide comprehensive advice on statutory demands, including assisting with the preparation of a statutory demand if you are a creditor, or responding urgently if you are a corporation.

Insolvency

Facing insolvency can be a challenging time for any business. At Peterson Haines, we understand these challenges and help craft strategies to navigate the complexities and allow for planning.

Our commercial litigation lawyers have experience advising on the management of creditors, outlining the best mechanisms to deal with insolvency, and preparing court documents for the appointment of liquidators or administrators.

Bankruptcy

Bankruptcy matters can be legally complex and emotionally difficult. Our experienced bankruptcy lawyers will act as your trusted advisors to help you understand your legal obligations, rights and objectives if faced with this process.