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Bankruptcy Services
Most economists forecast that this may be the longest economic contraction since the 1980 recession. Financial forecasts are not favorable. With the decline in demand for many products and services, there is weakness across most business sectors with bankruptcies and restructurings increasing substantially. Changes in the bankruptcy laws have reduced the time during which companies can attempt to reorganize but the careful management of the elements of cash, credit, and time can put a company in a stronger position than thought possible. What is your creditor topography? Download my whitepaper on creditor structures including non-bank lenders, hedge funds, distressed debt traders and others.
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Jim Miglino, CPA |
Understanding Chapter 7 - Liquidation Understanding Chapter 11 - reorganization Understanding Chapter 12 - adjustment of debts of a family farmer with regular income Understanding Chapter 13 - adjusting the debts of an individual with regular income Operational problems to anticipate in a reorganization Solving operational problems vs. debt-for-equity problem solving |