Bankruptcy Support

At RSSM our professionals are involved in all aspects of reorganizing and restructuring financially distressed businesses. Our professionals serve in a variety of capacities on behalf of shareholders, debtors, secured lenders, official and unofficial creditors committees, trustees and their related counsels.

From helping troubled companies with business reorganization or debt restructuring, to assisting creditors with obtaining the most favorable distribution of assets from companies undergoing formal bankruptcy proceedings or informal workouts, RSSM provides clients with a wide variety of services.

For Debtor

  • Assist in the preparation of Chapter 11 petitions and schedules and statements of financial affairs
  • Compile monthly operating reports for the court
  • Analyze and reconcile proofs of claims
  • Study disbursements to identify preferential payments and/or fraudulent conveyances
  • Advise and assist in the formulation of reorganization plans
  • Perform liquidation analyses
  • Project the tax consequences of transactions in a reorganization plan

For Creditors and Chapter 11 and Chapter 7 Trustees

  • Review and analyze financial results of the operations both before and after the petitioning
  • Evaluate and assist in the formulation and negotiation of reorganization plans
  • Verify secured claims
  • Analyze and reconcile proofs of claims
  • Study disbursements to identify preferential payments and/or fraudulent conveyances
  • Project the tax consequences of transactions in a reorganization plan

Contact Alfred M. Pruskowski, CPA/ABV/CFF/CGMA, CFE, CVA for more information

(212) 303-9009
Email Alfred M. Pruskowski, CPA/ABV/CFF/CGMA, CFE, CVA

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