Many owners think they are personally finished. You are not.
Working directly with Kevin J. Johnston, we are Enemy #1 for the CRA. We lawfully acquire indebted Canadian corporations and deploy a proprietary, compliant process to eliminate corporate debt and minimize future tax exposure — so you can move forward.
1. Debt types: We acquire corporations with non-personally-guaranteed (non-PG) debt.
2. Personally guaranteed debt (PG): Not included in our standard acquisition. On request, we attempt PG removal on a best-efforts basis with a 50/50 historical success ratio. Each attempt requires a minimum $2,500 action fee. If successful, our standard fee applies on the PG amount released.
3. Industries & provinces: We work across Canada. Certain provinces involve additional compliance filings that affect pricing.
4. No upper limit: We have completed acquisitions up to $7,000,000.
Understand the strategy, ask questions, and confirm fit. You tell me your situation. I tell you straight whether I can help and what it'll cost.
You provide specific creditor balances and an accurate total (PG vs. non-PG distinguished). I review every dollar the CRA says you owe — payroll, GST/HST, corporate tax, all of it.
You deliver required legal and registry documents for your registered corporation. I walk you through exactly what's needed.
You execute our proprietary legal documents (Share Purchase Agreement and associated instruments). We become the purchaser of the indebted corporation. Legal transfer of 100% of shares. Done..
If you'll continue doing business, we set up a new corporation. You keep your trade name while operations continue on a clean platform. Same business, zero debt.
We file the director/officer changes with the province and notify the CRA of the corporate sale and liability transfer. When appropriate, we also notify existing creditors. CRA and all creditors are formally notified. It's over. You're free.
20% of total non-guaranteed corporate debt.
Typical file range: $200,000–$500,000 total debt
We can assume your payroll operations to keep you off the CRA radar and improve cost control.
Standardized tools and workflows to harden cash flow and improve audit-readiness.