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The biggest expense for any bankruptcy is usually the attorney’s fees. These also vary by state and jurisdiction. Many attorneys charge a flat fee for filing a bankruptcy petition, although a few still bill at an hourly rate. Accountants of any organization usually have an intimate relationship with clients/employers which allow them to provide timely and informed advice in the event of litigation and/or bankruptcy proceedings. In this webinar Candace Leuck will enlighten you on the role accountants can play in managing litigation and bankruptcy to reduce costs for their clients in cash distressed situations.
Key Learning Objectives
- Manage litigation and court processes to keep attorney fees down
- List key financial analysis tools you can use to identify negative trends in your organization
- Identify the multiple options that may be used to reverse negative trends
- Utilize methods for convincing vendors, creditors, and others to assist in recovery
- Minimize cost throughout a period of distress within your organization
- Partner with both attorneys and clients to assign workload for greatest efficiency and effectiveness
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Candace Leuck
Candace is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. | |
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