Learn about distressed borrowers, the challenges they face, and effective strategies like forbearance and loan modification ...

July 09, 2024 - The benefits afforded debtors in bankruptcy are so compelling that businesses have initiated bankruptcy proceedings without experiencing insolvency or imminent financial distress. But ...

Vigilance in detecting red flags—such as declining cash flow, increasing debt and falling sales—can help prevent severe outcomes, like bankruptcy, and provide an opportunity for management to make ...

Imagine your business steadily climbing the ladder of success when a misstep in the market suddenly leads to a financial stumble. Assets underperform, capital markets dry up, and cash flows dwindle, ...

This research area encompasses the application of advanced statistical and machine learning techniques to forecast firm insolvency and identify indicators of financial distress. By integrating ...

Financial distress for a company always places additional emphasis on governance—and on the duties of the directors of the company. The Australian legal system has a clear system of duties for ...

One of the most stressful ordeals of financial hardship is when we are hit with a medical emergency or a new diagnosis. Even if we have insurance, suddenly, we must dole out shocking amounts of cash ...

NEW YORK — As Americans grapple with rising costs and economic uncertainty, a troubling pattern of financial distress is ...