Concrete Contractor

CONCRETE CONTRACTOR

The Crisis

Assembled and implemented a restructuring plan for a large concrete contractor who was unable to continue the business due to substantial mounting debt owed to creditors.  Reduced the secured debt by $300,000 and completely eliminated the unsecured debt of $500,000 – without a Chapter 11 Bankruptcy reorganization.

Our Swift Action and Results

  • Reduced bank debt by $300,000
  • Eliminated $500,000 in unsecured debt without the use of bankruptcy
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