Bankruptcy

Increased financial pressures in the healthcare market have led many organizations to poor financial position and the need to evaluate bankruptcy protection. PYA’s involvement with these types of companies helps us to understand the unique needs of community service organizations that are facing financial difficulties. We take a much different approach to clients that we service through bankruptcy proceedings, looking for unique solutions that maintain community services and minimize the impact on employees and their families. Our ability to think creatively and work directly with counsel and creditors allows us to implement creative solutions to assist our clients in emerging from bankruptcy. We have been instrumental in reorganizing and saving organizations that could not have continued in their mission without this expertise. If your organization is considering filing for bankruptcy protection or has already done so, please contact us to discuss how PYA can make a difference for your company.

Services Offered:

• Expert Testimony
• Strategic Turnaround Planning
• Monthly Operating Reports
• Preparation of Plan of Reorganization
• Preparation of Disclosure Statements
• Liquidation Analyses
• Financial Administration of Estates
• Interim Financial Management
• Negotiation with Secured and Unsecured Creditors