Debtor-in-Possession

Every turnaround begins with a unique plan that is designed specifically to help an organization turn their business around and return to profitability. During this transitional phase, our bankruptcy professionals can work directly with the Debtor or advise existing accountants on the complex accounting issues that are present in creating a turnaround plan. Our goal is to assist management in devising a plan for this tumultuous period with the goal of emerging from bankruptcy or eventual liquidation. The professionals at Sharer Petree Brotz & Snyder offer the following services to our clients:

  • Preparation of monthly operating reports
  • All accounting and tax matters
  • Internal control reviews
  • Projection and feasibility analysis
  • Liquidation analysis
  • Calculation of required new value contribution
  • Creditor negotiations
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