Running a business is not always about growth and profits. Sometimes, even a good business can face serious financial problems: mounting debts, unpaid obligations, cash-flow problems, or creditors demanding payments,
When this happens, many business owners immediately think, "Is it the end?"
Not at all!
The Financial Rehabilitation and Insolvency Act (FRIA) of 2010, or Republic Act No. 10142, provides a powerful yet often underutilized framework for addressing financial distress. It offers struggling businesses an opportunity to rehabilitate and regain viability, while giving creditors a strategic avenue to pursue recovery and protect their interests, even when the debtor is unable or unwilling to cooperate.
Financial rehabilitation is not simply about avoiding closure. It is understanding your options and developing a viable plan to address the financial problems, manage obligations, and give a struggling business a chance to recover. And it's not only for business owners; creditors can also benefit from understanding how rehabilitation works and how it can provide a strategic path toward recovering what they are owed.
If your business is struggling, knowledge can make a difference.
Whether you are a business owner, entrepreneur, financial professional, adviser, manager, or creditor, understanding financial rehabilitation can help you make better decisions before financial problems become irreversible.
Join us for a Financial Rehabilitation Seminar and learn about the rights and remedies available to financially distressed businesses and creditors, as well as the key elements of an effective Financial Rehabilitation Plan.
Date: August 29
Time: 1:00 PM – 4:00 PM
Venue: AIM Conference Center, Makati City
Early Bird Rate: ₱3,000
Regular Admission: ₱3,500
The Financial Rehabilitation Seminar invites business owners, professionals, advisers, and creditors to take a proactive step toward understanding financial rehabilitation and discovering strategies that can help businesses survive, recover, and move forward.
For registration and inquiries: https://forms.gle/3kjX945jipyp62SYA
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