We work with creditors that have unpaid receivables and claims against entities in bankruptcy.  The creditors we work with prefer to transfer their claims for cash payments in lieu of undertaking a lengthy, complicated and unpredictable bankruptcy process.  We purchase the rights to collect on the creditors claim and they convert an unpaid receivable into a cash payment, peace of mind and their next opportunity.  At Sonia Rose, one of our core strategies is our predefined criteria to determine the valuation of creditor claims in bankruptcy dockets.  

The Bankruptcy Code permits debtors to sell assets in a controlled setting known as a Section 363 Sale.  There are unique opportunities for buyers of distressed assets in this setting.  Beyond the opportunity to acquire assets that are undervalued, buyers are afforded protections from existing liens and creditors that otherwise would be unavailable outside of the Bankruptcy Court system.  In many instances, distressed assets from a 363 sale will be acquired "free and clear of all liens, claims and encumbrances."  The practical application of this rule effectively breathes value and life into assets that otherwise would not be marketable.  

Our cross disciplinary background in business operations and law gives us a unique perspective to assess the financial health of an ongoing concern.  Whether a financially healthy business is looking for an outside perspective, or a business falling on difficult times seeks advice, we have the knowledge to help.  How a business allocates its resources contributes to how sustainable the entity is, and knowing the proper percentage allocation among product, payroll, occupancy, advertising, information and miscellaneous categories provides a framework to sustain financial discipline.