We've helped
over 9,000 people
get their lives back
on track

"I just want to thank you again for your prompt attention to my situation. It was very much appreciated. Your efforts helped ease some of the stress of this difficult time."


"Thanks a million. You have been very kind, and I am most grateful."


"Thank you for all your help during this past year. It has restored my faith and hope for a better future."


"Thanks to Mr. Beverley and his staff for all your help."


"When I think of all the things you’ve done, I simply can’t just stop with one……So Thank You again and again to Mr. Beverley and staff who helped us through a very difficult time of our life. We truly appreciate your extreme kindness."


"Thanks very much, I appreciate all you and your company have put into my file."


"Thank you all for the help in the past, you are very nice people."


"Bankruptcy is a difficult thing for anyone to experience, there is shame, fear and financial hardship to endure. I would like to take this opportunity to applaud you all on making this process so much easier for us."


"Thank you! We so appreciate that you have helped us through this crisis. We are starting to feel whole again and looking forward to spending our retirement in peace. Thanks again"

~R & M M

"To all the AMAZING staff at John S. Beverley & Associates!!! Thank you for your support, understanding, patience, and education you have given me this year. You are all truly special people who have been a positive influence in my life. Thank you!"


"We would like to thank John S Beverley & Associates Inc. for giving us our lives back. The phone does not ring day and night and when it does ring there is a friendly voice on the other end. "


"Thank you all very much for everything."


"A simple Thanks to everyone for all your help and support. You have changed by life from worse to a better one."


"Thank you for all your kind help."


" I just want to wish Thank You for a job well done!!!!!"


"We want to take this opportunity to Thank You and all your staff for your exceptional, competent, and so friendly service that you rendered to us. We will gratefully remember the experience and remain at your service."


"What you do in regard to helping people to maintain self respect while learning to cope and face the realities of their financial situation, goes beyond mere words. We have learned so much and our future will be better for those reasons."


"Thank you for all your help and understanding. It is a great feeling being free from the noose of debt."


"I am back in control of my finances with your assistance. Your help made all the difference. Thank you!"


"I have definitely benefited in the last year. I have been taught money management, patience and discipline. Thank you so much for making me debt free!"


"Thank you for your patience and help this past year."


"Thank you for all your team’s hard work!!!!!!!!"


"Just a note of thank you and appreciation for your time and helpful information."


"Thank you all for your caring and kindness during a difficult time. I feel like I have my life back. Thank you...thank you!"


"I want to “Thank You” for all your help and more."


"You people are so very, very nice. You have helped me more than words can say. You are all totally appreciated!"


"Your kindness was appreciated more than words can say…..Thank you very much…….I will never forget your kindness and competence in serving me."


"Thanks for your help and guidance during the black times of our bankruptcy. You brought peace and a ray of color in a dark time."


"Just a little note to say thanks so much for everything. Because of you all I have no more stress due to finances. You took away that big black cloud."


"Thank you for your assistance and professionalism, it has been greatly appreciated."


"Thanks for all your assistance over the past year and being helpful, this is a hard thing for me. Your telephone manner is so helpful in easing my concern. Thank You!!!!!!!!!!!!"


"It was all worth it, everything is going good now and I’ve already recommended you guys to a couple different people."


"Mr. Beverley and Staff: Thank you so much everyone for your help in the past year. I was treated with compassion, kindness and understanding. I was reluctant to seek help, but in the future I would recommend your services to anyone. You were professional, yet explained things in a clear and simple manner. I am grateful to you all!"


"I met with you last week in regards to my financial situation. Though you were really unable to assist me you did give me some great advice."


"Thank you for making a difficult situation not so difficult."


"We appreciate everything that you have done for us and we are enjoying life so much more now. Everyone in your office has been so nice and helpful. Thanks for helping us to understand each step of our bankruptcy."


"Thank you so much for helping me out here, from the bottom of my heart."


"To all the staff thank you very much for all your help and friendliness."


"I truly would like to thank you for all the help and wonderful service you have provided us. Thank you so much."


"I’d like to take the time to thank you very much for all your help your staff and Mr. Beverley have given me to help make this as painless as possible."


"Thank you for all your help. I really appreciate it."


"Thank you so very much for all that you have done for us. You have given us a new start and we appreciate it very much."

~P&S D

"Thank you for helping us through a difficult financial time and also a difficult personal time in our lives. It was nice to deal with people who have integrity."


"Thank you for all the “hand holding” over the past year."


"Thanking you so much for your excellent service and making a pretty difficult year less difficult. Want to say all the best to you and your Company."


"We appreciate the counselling and all the advice on our 2nd chance. Thanks for being there and giving us our “kick in the butt” when we needed it the most."


"I appreciate everything you’ve done and taught me."


"I have learned to budget better and make my dollar go further. I admit that I still need and have room for improvement, however you and your staff have helped me considerably."


"Thank you for your wonderful support, guidance, patience, understanding and kindness. I am on the right path now with a fresh start. My son and I have a much brighter future and words could not express how thankful I am."


"Thank you very much for pulling me out of the hole in 2007. My life is back on track…You’re a godsend."


"Thank you very much for being so kind and so generous. You people have all made my life so much easier even when I thought I was guilty, you saw me as a victim which I really didn’t realize I was until I came to your business. I now feel like a butterfly set free. Thanks for everything."


"We want to Thank You and your team at Beverley & Associates for successfully negotiating our proposal"


"Thanks for all your assistance over the past year."


"I would like to thank you and your staff for making a situation that was personally uncomfortable better. Thanks a Million!!!!!!!"


"I would like to Thank You and your staff very much for helping me through one more very difficult time of my life."


"I want to thank John and his staff, and in particular, Melody, for being especially understanding during an extremely difficult time for me. Without judgment and with a lot of caring, compassion and hand holding, they were able to see me through the entire process in a very stress free manner. I will forever be grateful."


"Thanks for all your help, it’s a big weight off my shoulders."


"A very kind and friendly voice……..I was already feeling very bad about my situation and she was very comforting. Thank you. "


"Thank you...for your kindness, help and respect, and for removing many stresses from my life, thus allowing me to begin again. You are so much appreciated."


"Thank you all for helping guide us through our financial difficulties. The care and respect shown to us by all your staff was greatly appreciated."

~W&C M.

"This comes with appreciation for the thoughtfulness you’ve shown."


Division 1 Proposal

A Division 1 Proposal is a debt settlement offer for a company or business. The process provides creditor protection, provides a restructuring alternative to bankruptcy and allows for the compromise of most debts. A Commercial Proposal can restore a company or business to financial viability, preserve jobs, and often gives creditors a better return than a bankruptcy.

In order for a Division 1 or Commercial Proposal to succeed it will generally be necessary for the directors to show that:

  • The problem which caused the difficulties has been corrected.
  • The company can in future be profitable.
  • The creditors will receive a greater return than they would if the company was to be liquidated.
  • The creditors will generally receive a reasonable percentage of their money back from the proposal

There are several other factors which will affect the likelihood of the success of a corporate proposal, such as;

  • The percentage of their debt the creditors would recover.
  • The existence of secured creditors.
  • The existence of Trust debts such as payroll deductions or GST/HST debt owed to the government.
  • Actions already taken by the creditors.

It will be necessary for the directors to prepare a "statement of cash flow" for a reasonable period of time to show that there is a realistic possibility for the company to pay its ongoing commitments as well as being able to contribute funds towards the proposal.

The process involves a Meeting of Creditors and the approval of a percentage of the creditors, as well as the Court.

A Division 1 Proposal requires careful drafting, as, if it is refused, you are automatically bankrupt. We have a very high success rate with the proposals we have drafted.

This is a Federal Government regulated debt settlement program which is binding on all creditors, provided the required majority are in favor of the offer. Proposals can only be administered by a Licensed Insolvency Trustee and are the only government administered debt relief programs.

If your business is a proprietorship, it is not considered a company but rather an extension of the owner. It is not a separate legal entity. All proprietorship debts are in fact the responsibility of the proprietor. Please therefore refer to options listed under "Personal Solutions".

Creditor Protection and Financial Freedom starts today.

If you complete our Corporate Questionnaire which can be downloaded here, we will spend the necessary time with you evaluating your circumstances and together will determine the debt solution that best suits your circumstances. We will then ensure you fully understand the debt options and how you may be affected. The initial consultation is free of cost and obligation.  You have nothing to lose but the overwhelming debt load.  Start now by downloading the questionnaire, or call us at 250-563-4300 or 1-800-708-4330 for assistance.