D. Manning & Associates Inc.
D. Manning & Associates Inc.
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    • Our People
  • Services
    • Lender Services
    • Business Insolvency
    • Legal & Finance
  • Engagements/Files
    • Cedar Road Bioenergy Inc.
    • 1103 Gilston Road
    • 1150165 BC Ltd -Chartwell
    • Mile's End Motors Ltd.
    • 1449 Sandhurst Place.
    • Westrike Resources Ltd.
    • Censorio Group
    • 356746 Holdings
    • Avante School/YES School
    • Diamond Head Motor Inn
    • Summit Clothing
    • 0914097 B.C. Ltd.
  • Assets for Sale
    • Skin2 Laser Aesthetics
    • Cedar Road Bioenergy Inc.
    • Westrike Resources Ltd.
    • 1150165 B.C. Ltd. (SOLD)
    • 1103 Gilston Road (SOLD)
    • 356746 Holdings (SOLD)
    • Pacific Point (SOLD)
    • Censorio Group (SOLD)
    • Diamond Head Motor (SOLD)
    • Island Express Air (SOLD)
    • Wearable Therap. (SOLD)
    • Salmon's Rentals (SOLD)
  • Contact Us
  • More
    • Home
    • About
      • Mission
      • Our People
    • Services
      • Lender Services
      • Business Insolvency
      • Legal & Finance
    • Engagements/Files
      • Cedar Road Bioenergy Inc.
      • 1103 Gilston Road
      • 1150165 BC Ltd -Chartwell
      • Mile's End Motors Ltd.
      • 1449 Sandhurst Place.
      • Westrike Resources Ltd.
      • Censorio Group
      • 356746 Holdings
      • Avante School/YES School
      • Diamond Head Motor Inn
      • Summit Clothing
      • 0914097 B.C. Ltd.
    • Assets for Sale
      • Skin2 Laser Aesthetics
      • Cedar Road Bioenergy Inc.
      • Westrike Resources Ltd.
      • 1150165 B.C. Ltd. (SOLD)
      • 1103 Gilston Road (SOLD)
      • 356746 Holdings (SOLD)
      • Pacific Point (SOLD)
      • Censorio Group (SOLD)
      • Diamond Head Motor (SOLD)
      • Island Express Air (SOLD)
      • Wearable Therap. (SOLD)
      • Salmon's Rentals (SOLD)
    • Contact Us
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  • Home
  • About
    • Mission
    • Our People
  • Services
    • Lender Services
    • Business Insolvency
    • Legal & Finance
  • Engagements/Files
    • Cedar Road Bioenergy Inc.
    • 1103 Gilston Road
    • 1150165 BC Ltd -Chartwell
    • Mile's End Motors Ltd.
    • 1449 Sandhurst Place.
    • Westrike Resources Ltd.
    • Censorio Group
    • 356746 Holdings
    • Avante School/YES School
    • Diamond Head Motor Inn
    • Summit Clothing
    • 0914097 B.C. Ltd.
  • Assets for Sale
    • Skin2 Laser Aesthetics
    • Cedar Road Bioenergy Inc.
    • Westrike Resources Ltd.
    • 1150165 B.C. Ltd. (SOLD)
    • 1103 Gilston Road (SOLD)
    • 356746 Holdings (SOLD)
    • Pacific Point (SOLD)
    • Censorio Group (SOLD)
    • Diamond Head Motor (SOLD)
    • Island Express Air (SOLD)
    • Wearable Therap. (SOLD)
    • Salmon's Rentals (SOLD)
  • Contact Us

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Lender Services

Our firm delivers a range of solutions tailored for service delivery to secured lenders designed to develop and deliver the appropriate response to a problem loan as well as provide available courses of action designed to refocus a problem loan situation, or if required to realize on underlying security.


D. Manning & Associates Inc. is a Licensed Insolvency Trustee through the Office of the Superintendent of Bankruptcy and is qualified to act under the Bankruptcy & Insolvency Act in British Columbia and the Yukon Territory. The Personal Property Security Act of British Columbia (PPSA) mandates a Licensed Insolvency Trustee to act as a Receiver or Receiver-Manager.

Our range of services to lenders include:

Agent for Secured Creditor

When loans default without the opportunity for recovery, businesses close, or external forces require a lender to protect it’s security interest, Agency appointments may be a good avenue to follow for a smaller loan account as a means to realize on their security. Such an appointment avoids the need for the realization firm to enter into costly procedures such as tax returns, GST returns and the like that would otherwise be borne by the lender. It also offers a vehicle to realize quickly on security and get on with business.

Bankruptcy

The Bankruptcy and Insolvency Act provides a Federally mandated scheme of distribution and structure to wind up the affairs of an insolvent person, real or corporate. It is frequently to the advantage of a lender in a realization situation to consider this option in order to order priorities in its favour. 

CCAA Reorganization

Companies Creditors Arrangement Act (CCAA) mandates are frequently applied to provide court protection from creditor action by debtors or lenders and permit time to develop and implement a plan to reorganize a large company’s affairs for forward viability. Our firm will act as a Monitor or consultant in such mandates. 

Interim Receiver

The Bankruptcy and Insolvency Act provides for a secured creditor to apply to Court to appoint an Interim Receiver. This is often utilized in an unstable or confrontational situation for a limited period of appointment to enable the lender to evaluate a situation, then decide whether to proceed to appoint a Receiver/Receiver-Manager or to precipitate a bankruptcy once more facts are available.

Loan Monitoring Services

Enables the lender to monitor the ongoing performance of a business account experiencing difficulty, in situations where commitments are made by the customer to bring an account into line with the lender’s specific requirements.

Additional Services to Lenders:

Proposals under the BIA

A Division I (Bankruptcy and Insolvency Act or BIA) Proposal may be an effective means to achieve a successful realization where coordination with unsecured and preferred creditors is required and necessary. As a provision included in the BIA, the Order of priority mandated by the BIA prevails.

Receiver and Receiver-Manager

This vehicle offers a platform, where appropriate, to operate a business for a limited or ongoing period of time by enforcing under the lender’s registered security interest. It also brings obligations to complete statutory returns and other costs that will be borne by the customer or ultimately in the amount realized and applied to repay outstanding lender's indebtedness. 

Receiver of Real Property or Specific Assets

We frequently act in real estate loan matters as Receiver of Specific Property as well as Receiver of Rents, acting to secure viable offers for Court approved sale of assets. This strategy is a cost effective way of avoiding administrative costs experienced by a Receiver or Receiver-Manager over a business. 

Viability Assessments of Debtor's Business including Underlying Security Evaluation

When the lender knows or has concerns that an account is not operating effectively, or there is concern over an account’s future prospects, we will act as a consultant to evaluate a business or a portion of a business, provide our findings and proposed courses of action tailored to the Lender’s requirements. 


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