Bankruptcy Advisors

Listen
- There's no predetermined cookie-cutter plan that ever works. Ever.
- Our first step is to understand your situation.
Initial Road Map
- As we listen we begin our analysis. we review or develop Cash Flow projections, understand lender agreements/covenants, look at the timing of critical events.
- We formalize action plans and alternatives and discuss them with you.
Engagement
- Upon our feedback, you determine whether we proceed together.
- we develop our work plan, analysis required, objectives clearly stated, and we move forward.
- The plan likely has analysis and forecasts of cash flow, alternatives to be scrutinized for restructuring, and negotiating with lenders, trade creditors.
Execution
- We execute the plan.

The Four Steps :

US Bankruptcy Court Chapter 11 Restructuring Services

If our analysis or your decision is to work through a Chapter 11 bankruptcy process we have years of experience in the field.

We caution that a Ch 11 process requires skills and knowledge that is attained only through experience and battle scars earned in courtrooms and Chambers of the Court.

A good financial advisor and a good attorney, both with bankruptcy backgrounds are mandatory.

Generally, the bankruptcy process is filled with very talented and often ruthless participants trying to work on what leverage they have. No prisoners kind of mentality.

The bankrupt party's assets, commonly called the "Estate", are at the complete dependence of his/her advisors. Trust and experience are essential.

We have been in many bankruptcy courtrooms, bankruptcy judge's chambers, negotiated with creditors' counsel, unsecured creditors' committees, and secured lenders.

Chapter 11 is an often uncertain, very expensive process but there are times when it is the best alternative.

shamrock advisory, llc