Asset Recovery
In virtually all bankruptcy cases there is usually “more than meets the eye” in terms of assets. Clingman & Hanger has a record of being uncommonly persistent and resourceful in tracking down and collecting assets, whether or not they are reflected anywhere on a balance sheet.
Equally common in insolvencies is the overstatement of claims. Our firm is experienced, proactive and routinely successful in negotiating the reduction of claims to the amount that is actually owed. This, of course, has the effect of increasing the assets that are available to distribute and delivering higher-than-expected returns on the dollar for creditors.
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