Bankruptcy & Alternatives
CMBG is an experienced restructuring firm that helps companies experiencing financial hardship build creative strategies towards a path to recovery. Whether the answer is to restructure, close, or restart your business, the team at CMBG will thoughtfully work to identify your objectives and develop the right solution for your needs.
While bankruptcy is one available tool, it isn't always the best option. Some alternatives include negotiating with creditors directly to reduce liabilities, corporate reorganization, debt consolidation, exploring merger and acquisition opportunities, or the California state alternative to bankruptcy, an Assignment of the Benefit of Creditors (ABC).
Regardless of the option that fits you best, finding an experienced professional to lead you through the process is your first step.