Consulting Services

BEST Solutions: Business empowerment and strategic turnaround

Debt Elimination

RISE Solutions: Commercial debt settlement & restructuring

Second Wind Consultants Achieves $2MM Recovery for Chase Through Article 9 Restructuring of Construction Supply Company

Media Coverage | Nov 13, 2023

Originally published in ABF Journal.

Second Wind Consultants worked with Chase Bank to reorganize a consumer construction supply company through an Article 9 restructuring that resulted in a $2 million recovery for the bank.

Prior to the restructuring, Chase Bank faced a $1.8 million deficiency on a $2.8 million senior note. The resulting recovery from the restructuring represented twice the value of the company’s $1 million liquidated asset valuation and reduced the anticipated efficiency balance from $1.8 million to $800,000.

Ready to Get Started?

Speak with a specialist who can evaluate your situation and reveal strategies to help your business.

Contact Form