Financial Reorganization: How to Save Your Canadian Business from Bankruptcy Financial Reorganization: How to Save Your Canadian Business from Bankruptcy Is your business struggling under the weight of debt, high interest rates, and CRA pressure? Many Canadian business owners believe bankruptcy is their only option—but that is simply not true. In this video, Ira Smith, Licensed Insolvency Trustee, explains the power of a Division I Proposal under the Bankruptcy and Insolvency Act (BIA). Learn how financial reorganization can stop creditor lawsuits, halt interest accumulation, and give your business the breathing room it needs to survive and thrive. Stop guessing and start restructuring. TIMESTAMPS:. 00:00 - Introduction 00:01:01 - Section 1: Warning Signs of Trouble 00:02:12 - Section 2: Financial Reorganization Explained 00:04:02 - Section 3: Understanding Corporate Bankruptcy 00:05:15 - Section 4: Your Personal Liability Risk 00:06:28 - Section 5: Taking the Right Steps ...