We always promote a cooperative environment between our clients and their lenders in order to build goodwill and establish a good working relationship with their primary creditors. We normally tell our clients that this will have an intangible value when … Read More

Another successful settlement! A client who had a once successful franchise restaurant location, was faced in 2010 with declining revenues that continued to drop. In 2011 the business was not able to meet the basic necessary operating expenses. However, rather … Read More

We all know and may have experienced the effects of the recent decline in real estate. Our homes and neighborhoods have dropped significantly in value. You can no longer refinance or sell your home, many are lost to foreclosure, and … Read More

So here is the dilemma: A client has a failing business – he cannot support his debt and his cash reserves are rapidly decreasing. We spoke with his bank and they agree to liquidate the business through sale while the … Read More