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Debtor in Possession Report

debtor in possession As the economical crisis continues and many companies seek relief in bankruptcy, a need for financing while in bankruptcy becomes a reality. Our Ft. Lauderdale Accounting Firm can work with attorneys to assist during reorganization and bankruptcy.  Attorneys depend on Accountants to assist them in filing accurate reports. Our firm specializes in working with the attorney to provide accurate reporting to the Bankruptcy Court. We have the experience and attention to detail necessary to provide this service in a professional, reliable manner.

Attorneys must file a "Debtor's Standard Monthly Operating Report" (Business) during the bankruptcy period. This is necessary to assist the company in obtaining Debtor in Possession (DIP) financing. Commonly known as DIP Financing. These reports are critical to the company for the purpose of obtaining financing and it is extremely important that these reports are filed accurately and timely.

Some of the services we provide to Debtors-in-Possession are as follows:

  • Projections, plans and related analysis for reorganization
  • Secured creditors negotiations
  • Feasibility analysis
  • Financial consulting on operational issues and cash flow
  • Break-even analysis
  • Reporting compliance with the U.S. Trustee's office
  • Support for disclosure statement and plan of reorganization preparation
  • Liquidation analysis
  • Debt restructuring / financing assistance

Call us today at 954-797-5060 and ask for Cristina Rodriguez or Raul de la Campa  
to discuss your audit and assurance needs with an experienced CPA.