Devoted Enterprises and its DBA companies are often retained to assist in restructuring the corporate and financial make-up and balance sheet of a company due to impending Chapter 11 Bankruptcy or other financial hardships.   This process may include raising additional capital through third parties or securing workouts with lenders and creditors. The goal of restructuring is to develop a process for the company both operationally and financially that is supported by its assets and not hindered by them.  We also work to ensure that the financial and operational structure is based on the future goals of management and other stakeholders.

We approach every restructuring opportunity by applying our Trademarked Business Health Check™ and our sophisticated financial analysis. We also execute a specific process that will reduce risks for creditors and support the success of restructuring plans.  Our goals are to restore owner’s and management’s credibility, develop attainable targets and deliver measurable results to both the creditors, the business and the appointed trustee.

Typical steps used or created while advising clients:

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