Restructuring, proposals, and formal insolvency options for retailers facing creditor pressure, lease obligations, or CRA arrears.
Automotive businesses operate in a competitive market with significant overhead. Inventory financing, equipment costs, facility leases, and fluctuating consumer demand can create serious cash flow challenges. When debt becomes difficult to manage, it affects your ability to stock vehicles, service customers, and maintain operations.
At Goldhar, we help automotive businesses address serious debt challenges. As Licensed Insolvency Trustees, we provide corporate debt solutions under the Bankruptcy and Insolvency Act (BIA), including restructuring options, receivership, and bankruptcy proceedings tailored to automotive operations. Whether you’re dealing with floor plan financing, supplier debt, lease obligations, or CRA arrears, we can help.
Our goal is to help you resolve financial difficulties so you can focus on running your business. Automotive business owners who work with us gain clarity on their debt situation, understand their legal options, and create practical plans to manage their obligations.
If your automotive business is struggling with debt, contact us to discuss your situation and explore potential solutions.
Reduce escalation risk, preserve options, and align next steps.
Implement the right solution: proposal, receivership, or bankruptcy.
We stabilize operations and protect value with formal and informal tools tailored to your industry, creditor mix, and timing.