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Asset Investigation -On many occasions, debtors have been known to enter Bankruptcy simply to avoid their obligations to their creditors. Companies in a number of countries such as the United States use the Chapter 11 and Chapter 13 provisions of the Bankruptcy Code to gain time from being pursued by their creditors, often at the expense of the creditors, because they remove the assets of the company into shelters that enable them to restart operations under a new name thereby avoiding their obligations.
Investigations into the actions of persons entering Bankruptcies or companies that have entered into Investigation is essential if creditors are to protect their interests. Global Credit Offices are able to provide you with a high level of expertise necessary at creditors meetings, or in meetings with insolvency practitioners to ensure your interests are being protected at all times.
We can also investigate Bankruptcy filings and Asset Investigations to confirm the reports submitted to creditors are genuine and reflect the correct and proper circumstances.
Direct your enquiry to Neil Wood or John Vasil, who will be pleased to assist in the local Global Credit office and would be able to meet with you and discuss your needs. Simply E-mail them at neil@gcs-group.com or johnv@gcs-group.com
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