Crisis Control
A Letter to Troubled Companies
If your company is feeling the pressure, my firm can assist you with the rapid reduction and resolution of all categories of business debt.
The Economy-A Corporate Survival Guide
If you are mulling over traditional restructuring and maybe ultimately Bankruptcy down the line, then you may need to think again.
Bankruptcy or Workout?
Many companies are quick to file for Bankruptcy as the ultimate solution to their problems without being fully informed as to the serious permanent consequences for both trade and customer relationships. Even if your business is incorporated at the time of the Bankruptcy filing, there is only a ”paper” wall between the senior officers and the Company. For example, personal guarantees / loans to the business can devastate personal credit.
We can quickly establish a voluntary workout program with your creditors to avoid Bankruptcy. In the process, we will completely restructure your corporate debt and position your company for a rapid return to profitability. This will enable your business to reap most of the benefits of a ba nkruptcy filing without suffering the drawbacks and expense of this protracted process.
The Cost of the Bankruptcy Process
A recent study showed average bankruptcy costs as being equivalent to 7.5% of the business’s assets immediately prior to filing. In dollar terms it showed that the hard costs were unlikely to be less than $1m for the majority of companies. Approximately half of this amount was taken up with the Company’s own Bankruptcy Attorney Fees with a further 25% going to pay the Creditors’ Attorney Fees. [This last liability is often overlooked]. The remaining 25% was absorbed by the cost of Asset Disposals and other Professional Fees.
Liability Management Service® [LMS]
Corporations of all sizes nationwide are already using this unique and timely service.
Our Liability Management Service will help you with a single problem trade account right through to a complete restructuring of your corporate debt.
LMS is the solution to a wide range of financial challenges, including those that require an immediate resolution.
Our objective
will be to restore both your ”bankability”
and profitability by reshaping your Balance Sheet and
Profit & Loss. We achieve this through the settlement,
reduction and liquidation of excessive debt, including
disputed claims.
Some of the areas we address in our process include:
• Debt Management and Reduction
• Financial Workouts and Turnarounds
• Voluntary Liquidation as an Alternative
to Bankruptcy
• Restructuring of Real Estate Assets
• Receivable Financing and Collection
• Contract Negotiation & Resolution
• Loan Qualification
• Sale/Merger of Business
• Current & Long
Term Debt
• Funding Services
•Dispute Resolution
•Discontinued
Operations [Ensuring a profitable disposal of loss
making operations]
Quick Information
90 Day Debt Restructuring. 100% Success Fees.
We are the only firm in the nation that offers a proven 90 day restructuring service on a 100% contingency fee basis.
Testimonials
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The Vision Made a Reality
Learn about the vision of President and Founder, Roderick Lloyd
Gold Medal Award
Mr. Roderick J. Lloyd has been chosen as a 2004 Ronald Reagan Republican Gold Medal Award winner.
Presidential Business Commission Nomination
NRCC announced today that Roderick Lloyd has been selected to represent the State of Florida on the new Presidential Business Commission.
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