| Work with the business owner and
legal advisors to implement an out of court liquidation solution: |
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Orderly liquidate the company while retaining
the maximum control for the business owner. |
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Work with the management team while providing
independence to creditors. |
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Field and resolve all creditor calls. |
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Collect outstanding receivables. |
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Confirm debts owed with verifications to vendors, lenders, and lessors. |
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Negotiate with secured creditors. |
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Work with Borrower and counsel to resolve personal guaranty issues. |
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Work with Borrower and counsel to resolve litigation issues. |
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Define priority payments that need to be paid until the matter is resolved. |
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Work with the business owner to define payment streams. |
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Communicate status periodically with all parties via email or conference call. |
