Assignment for the Benefit of Creditors

APIS principals have been to stave off bankruptcy and appease creditors. APIS has been able to resolve these matters efficiently and to the satisfaction of all parties.

How APIS handles Assignments for the Benefit of Creditors:

  • APIS will analyze what is best for each unique business, formulate a plan and offer the plan to the creditors of the business client.
  • APIS works diligently with the creditors to gain acceptance of the proposed plan, where necessary fine-tuning the plan.
  • APIS efficiently completes the court appointed receivership assignment and quickly files the final report.
  • APIS will engage the most qualified professionals to assist with the valuation and disposition of asset(s) as appropriate thereby maximizing asset value and risk management.
  • APIS will file the final plan of distribution with the court and distribute the assets.

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