If you or your business are experiencing significant financial hardship, we can help before resorting to bankruptcy. Once we help identify the problems, we walk with management to develop an executable plan based on tangible goals. We then walk to re-establish trust and communication with creditors. We often find that creditors prefer to negotiate terms that are more favorable to you, rather than risk seeing your operations cease, even when multiple creditors are involved, and it is necessary to negotiate terms that are mutually acceptable between and among them.
Debt restructuring is a method used by individuals and companies with outstanding debt obligations to alter the terms of the debt agreements, in order to place themselves in a more manageable or advantageous position. Debt can be restructured not only to remedy default, but also to avoid it, by taking advantage of lower interest rates or longer repayment terms.
Keech Law Firm has extensive experience communicating and negotiating with creditors and stakeholders, on behalf of clients, often in complex, high-profile matters. We attempt to identify the problems early, come up with solutions, and present a comprehensive plan to major stakeholders outside bankruptcy when we can. We are experienced in working with professionals in a number of industries and understand the importance of identifying and addressing problems in an analytical and transparent manner.