Press Releases
Contact Us: 800-357-8247
E-mail…Advice@myChapter11.com
January 30, 2023
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The Company of the year designation, awarded by Financial Services Review Magazine, recognizes the over 30 year commitment to excellence Restructuring Advisory Group has demonstrated and delivered to its clients nationwide,
March 10, 2023
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Restructuring Advisory Group Negotiates Five Year Extensions on Two Chapter 11 Loans
Although Each Loan Had Matured and was in Default, Restructuring Advisory Group Negotiated Five Year Extensions and lowered the Interest Rate on Each Loan.
October 21, 2022
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Restructuring Advisory Group Finalizes Loan Restructure For Major Atlanta Dental Practice
The Restructuring Advisory Group Negotiations Resulted in a Discounted Purchase of the Dental Equopment and Stopped Enforcement of the Personal Guarantees.
June 2, 2022
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The Restructuring Advisory Group Negotiations Resulted in the DPO, New Financing, a Waiver of Guarantees & Enabled the Hotel Owner to Avoid Filing Chapter 11.
May 27, 2022
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Restructuring Advisory Group to Negotiate Bank, SBA, and Private Lender Loan Restructures as Part of a Global Debt Resolution For Multiple Dentist Dental Practice in Georgia
May 25, 2022
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Restructuring Advisory Group Arranges Low Interest Rate Loan/ Quick Closing Escrow, overcoming the Chapter 11 difficulties associated with one Borrower when majority of assets are still in Chapter 11.
January 20, 2022
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Restructuring Advisory Group Announces Multiple Business and Real Estate Reorg Plan Confirmations
In 2021, Restructuring Advisory Group Successfully Restructured/Financed Farms, Mining Companies, Industrial, Office, Retail Properties, Manufacturing Companies, & Hotels Among Others, ranging in size from $200,000 to $50M.
January 13, 2022
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Restructuring Advisory Negotiates 20% Loan Discount on 20 Property Portfolio in Maryland
In addition to the 20% Discount of the loans on the 20 Property Portfolio in Baltimore, a major win for the Property owner was the waiver of personal guarantees by the Bank which were also negotiated by Restructuring Advisory Group.
January 10, 2022
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Restructuring Advisory Negotiates Chapter-11 Settlement on $6.7M Residential Portfolio
Restructuring Advisory Group” Arranges Construction Financing, Extends The Term of the Chapter 11 resulting in consensual settlement and consensual dismissal of the case.
January 6, 2022
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Restructuring Advisory Group” Negotiates Reduction of a secured Judgment by 60% and negotiates 75% reduction in Unsecured Debt to be Paid over 5 years under the Reorganization Plan also written by Restructuring Advisory Group
December 28, 2021
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Restructuring Advisory Group Retained as the CMBS Loan Financial Advisor to negotiate a CMBS Loan Forbearance Agreement for a Retail Property Owner severely impacted by the COVID pandemic. Revenues had dropped from $167,000 per month to $9,000 per month The negotiations required analysis of current cash flows and the formulation of the proposal to the financial institution to restructure the loan based upon a gradual ramp up in revenues over a 36 month period.
July 28, 2021
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Restructuring Advisory Group Restructures Mortgage and Saves Private School From Liquidation
Restructuring Advisory Group Retained in Chapter 11 in Georgia. The Law firm told the Property Owner his only option was liquidation. Restructuring Advisory Group came on board and saved the Company. We negotiated a 5 year loan extension, reduced the mortgage interest rate and wrote the reorganization plan that was confirmed by the court with 100% of the creditors voting yes.
June 28, 2021
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Restructuring Advisory Group Retained in Small Business Chapter 11 Subchapter V Cases in Minnesota, New York, Illinois and Washington State as lead negotiator and strategist to negotiate bank loan restructures and write and confirm the Chapter 11 Reorganization Plans.
June 22, 2021
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Restructuring Advisory Group leads Negotiations with Morgan Stanley on $12M CMBS Loan Portfolio in Long Island without the need to engage legal counsel
April 8, 2021
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Restructuring Advisory Group leads Negotiations on $25M CMBS Loan Portfolio in Long Island without the need to engage legal counsel
March 10, 2021
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Restructuring Advisory Group was retained by the Property Owner to negotiate the loan extensions and write the Reorganization Plan which resulted in the Plan being confirmed and the loan extended
January 27, 2021
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Discounted Payoff & Financing…..Restructuring Advisory Group Closes $5.4M Loan That Funds Southern California Business in Chapter 11 Enabling a Discounted Payoff of Working Capital Line
The $5.4M loan paid off an existing $2.5M SBA loan and provided $2.9M in additional funding to pay off a working capital credit facility encumbering the assets of Business.
Restructuring Advisory Group was retained by the Business owner to obtain the Chapter 11 financing.
November 10, 2020
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Restructuring Advisory Group was retained to analyze the financial viability of the stores, to determine the feasibility of loan modifications under the COVID-19 Pandemic shutdown, and to propose loan modifications tailored to the varied cash flows of each store. The negotiations required analysis of current cash flows and the formulation of proposals to the financial institutions, suppliers and Vendors in order to restructure the loans based upon a gradual ramp up in revenues over the five year period term of the Reorganization Plan. The plan was confirmed and the business was saved
November 5, 2020
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Restructuring Advisory Group negotiated a loan restructure w/Celtic Bank/SBA wherein the interest rate was adjusted to 5.75% fixed interest only for 30 months followed by 25 year amortization months 31-60 with a balloon payment at the end of the 60th month.
The Bank initially opposed any loan modification and demanded the Hotel be auctioned. The Lawyers “Solution” was also to liquidate the Property. We Came On-Board, Changed the Course of the Ch-11, Modified the Loan, Reduced the Mortgage Payments, Got the Bank’s Support & Saved the Property
August 5, 2020
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Loan Discount & Restructure…Restructuring Advisory Group Negotiates Reduction of $4.14M SBA Loan Down to $3.6M No Cash Required Up Front / Paid over 5 yrs, & Lowers Interest Rate to 4.31%
Restructuring Advisory Group structured, and submitted the loan modification proposal to the bank resulting in a $544,000 discount for the property owner with no cash required up-front as well as a 5 year period within which the discounted balance can be paid.
In addition to negotiating the loan restructure , Restructuring Advisory Group negotiated a deferred payment schedule wherein only a $3,100,000 portion of the loan balance accrues interest while the $500,000 remaining balance accrues 0% interest over 5 year term of the restructured loan.
June 19, 2020
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Restructuring Advisory Group negotiated the modification of one SBA business loan secured by multiple restaurants in South Carolina, one SBA loan secured by commercial real estate in Georgia, and one CMBS loan secured by a Hotel in Texas. The modifications to all 3 loans were negotiated directly by Restructuring Advisory Group with the financial institutions and did not involve the engaging of legal counsel
May 5, 2020
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Restructuring Advisory Group was retained in all 3 instances to analyze the financial viability of the Companies, to determine the feasibility of loan and lease modifications under the COVID-19 Pandemic shutdown, and to negotiate loan and lease modifications tailored to the varied cash flows in each company as impacted by the COVID-19 Pandemic shutdown.
April 15, 2020
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When Restructuring Advisory Group was brought on-board, the Lawyers “solution” was to liquidate the Company. Our negotiations resulted in a major loan restructure, the plan we wrote being confirmed & the Company being saved
April 10, 2020
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Restructuring Advisory Group was retained as lead strategist in the Chapter 11 to direct the day to day strategies, interface with bankruptcy counsel, and to negotiate settlements with the 1 Bank and one Private Lending Fund making up the secured creditors of the estate.
The Restructuring Advisory Group negotiations resulted in the consensual restructure and modification of both loans and the confirmation of the reorganization plan.
In addition, Restructuring Advisory Group got the bank, and the Private Lending Fund to waive enforcement of personal guarantees.
March 18, 2020
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When Restructuring Advisory Group was first contacted, the bankruptcy lawyer stated the only option was to liquidate all of the farm assets (as well as liquidate the Farmers cross collateralized personal residence) to pay the bank and then file personal Chapter 7 in order to discharge the remaining debt due under the personal guarantees. The Farmer brought Restructuring Advisory Group on board as lead strategist to take over all bank negotiations, all negotiations with his major suppliers, all negotiations with his major vendors and to formulate a plan that would save the farm.
We immediately entered into direct negotiations with his bank, the result of which was a consensual restructure of the bank loan whereby his $2.8 million loan was discounted down to a $1.4 million loan payable over 8 years and the $1.7M in supplier/vendor debt was discounted down to $357,000 payable over 7 years. The plan (written by Restructuring Advisory Group) confirmed and the farm was saved.
March 3, 2020
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When Restructuring Advisory Group came on-board, there was no pending loan and the likely outcome of the Chapter 11 was a sale of the property to pay off debts. Restructuring Advisory Group changed the course of the Chapter 11 by recommending the reorganization plan be amended to give the property owner sufficient time to obtain the zone change required for the development of 117 residential units and to pay the bank off through the $3.35M land loan which subsequently funded.
January 28, 2020
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Restructuring Advisory Group Negotiates SBA Loan Restructure for Dental Practice in Georgia
The firm was retained to analyze the financial viability of the Dental Practice and to determine the feasibility of a reorganization under Chapter 11 of the Bankruptcy code as well as to analyze and formulate the financial projections and to write the reorganization plan and disclosure statement for the Dental Practice.
The Restructuring Advisory Group negotiations resulted in the consensual restructure and modification of one SBA loan and 4 private loans as well as the long term office lease and the confirmation of the reorganization plan which was also written by Restructuring Advisory Group
January 13, 2020
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Restructuring Advisory Group Negotiates $2.1M SBA Loan Restructure and Waiver of Personal Guarantees
Restructuring Advisory Group was hired by the Business Owner to negotiate a forbearance Agreement with the SBA that would reduce the interest rate and extend the term of the loan without the need to file Chapter 11 resulting in the $2.1M restructure of an SBA loan secured by a Gas Station in Bothell WA.
In this case, Restructuring Advisory Group negotiated a reduction in the interest rate to 5% and split the loan into an A Note of $1.6M and a B Note of $500,000 such that the A Note accrued interest at 5% and the B Note accrued no interest at all. In addition the Company negotiated an agreement with the SBA to waive its’ enforcement of personal guarantees.
January 03, 2020
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Restructuring Advisory Group Announces the Funding of $4.2M in Chapter 11 Financing
Restructuring Advisory Group arranged the loan that closed and funded $4.2M to acquire the Note secured by a first deed of trust encumbering a high density residential Property in San Francisco. The purchase of the Note and first deed of trust resulted the Property being saved from foreclosure. As part of the Note purchase, Restructuring Advisory Group negotiated a modification extending the term of the Note by 18 months and reduced the interest rate.
When the Company came on-board, the proposed solution offered by legal counsel was a rapid liquidation of the property. Restructuring Advisory Group changed the course of the Chapter 11 by offering a solution other than liquidation that greatly benefits the Property owner and avoids significant capital gains taxes that would have been due upon sale.
December 19, 2019
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The firm was retained to analyze the financial viability of the portfolio of over 600 single family homes and a half-dozen multi-family properties and determine the feasibility of a reorganization under Chapter 11 of the Bankruptcy code as well as to analyze and formulate the financial projections and to write the reorganization plan and disclosure statement.
As a result of its efforts and as a result of the Reorganization plan that the Company wrote, Restructuring Advisory Group negotiated the restructure of all 75 loans with 12 banks on the $25M portfolio of residential properties in Springfield MO.
The firm was initially retained to analyze the financial viability of the portfolio of over 600 single family homes and a half-dozen multi-family properties and determine the feasibility of a reorganization under Chapter 11 of the Bankruptcy code as well as to analyze and formulate the financial projections and to write the reorganization plan and disclosure statement.
The Restructuring Advisory Group negotiations resulted in the consensual restructure and modification of all 75 loans, the result of which was all 75 loans were restructured, and the Chapter 11 was dismissed.
January 03, 2018
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Restructuring Advisory Group was retained as the turn-around expert and financial analyst to restructure approximately $9M in debt encumbering a commercial real estate and hotel property in Lexington Kentucky.
The firm was retained to analyze the financial viability of the hotel and restaurant operation, and determine the feasibility of a reorganization under Chapter 11 of the Bankruptcy code as well as to analyze and formulate the financial projections and to write the reorganization plan and disclosure statement.
Restructuring Advisory Group was additionally retained by the Property owner as the lead strategist in the Chapter 11 to direct day to day strategies, interface with bankruptcy counsel, to negotiate a settlement with the Lenders.
December 6, 2017
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Restructuring Advisory Group procured a financing commitment to acquire $7M in mortgage notes encumbering 2 medium density residential Properties in San Francisco. The purchase of the Notes and deeds of trust enabled the Property owner to refinance properties currently in default under their present loans as well as reduce the interest rates and extend the maturity dates.
Restructuring Advisory Group was retained by the Property owner as lead strategist in the Chapter 11 to direct day to day strategies, interface with bankruptcy counsel, negotiate a settlement and sale of the Notes with the Lenders and to arrange the financing to acquire the Notes.
When the Company came on-board, the properties were slated for liquidation. The financing provided by Restructuring Advisory Group allowed the Property owner to avoid costly capital gains and to entitle the properties for a residential project adding greatly to the property value.
October 24,2017
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Restructuring Advisory Group Arranges $4.2M Financing to Save Property from Liquidation
Restructuring Advisory Group procured a $4.2M loan to acquire the Note secured by a first deed of trust encumbering a high density residential Property in San Francisco. The purchase of the Note and first deed of trust will result in the Property being saved from foreclosure. As part of the Note purchase, Restructuring Advisory Group negotiated a modification extending the term of the Note by 18 months and reducing the interest rate.
August 18, 2017
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April 5, 2017
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Restructuring Advisory Group Announces $3,000,000 Loan Commitment to Refinance Chapter 11 Property.
Restructuring Advisory Group procured a $3M Loan Commitment to fund an SBA loan secured by a car wash in Pennsylvania. The loan proceeds will be utilized to pay the principal balance due under a Chapter 11 reorganization plan that required the restructured loans be paid off in the 36th month of the plan.
The funds will also be utilized to install solar panels so that the Subject Property meets the SBA 504 energy public policy goals as described in the Small Business Investment Act, Section 501(d)(3) as (I), (J), and (K) and Section 502(2) A (iv) and (v).
January 9, 2017
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Restructuring Advisory Group Negotiates $2.1M SBA Loan Restructure
Restructuring Advisory Group restructure a $2.1M SBA loan secured by a Gas Station in Bothell WA. Restructuring Advisory Group was hired by the Business Owner to negotiate a forbearance Agreement with the SBA that would reduce the interest rate and extend the term of the loan without the need to file Chapter 11.
In addition to its Chapter 11 expertise, the Company is an expert in negotiating forbearance agreements that enable business owners and property owners to avoid filing Chapter 11.
In this case, Restructuring Advisory Group negotiated a reduction in the interest rate to 5% and split the loan into an A Note of $1.6M and a B Note of $500,000 such that the A Note accrued interest at 5% and the B Note accrued no interest at all.
January 9, 2016
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Restructuring Advisory Group negotiates the consensual restructure of a multi-million dollar loan encumbering an apartment project in Atlanta Georgia. The Company acted as chief strategist and lead negotiator in the Chapter 11 proceeding that resulted in the confirmation of a consensual reorganization plan written by the firm with all creditors voting in favor of the reorganization.
May 7, 2015
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$2.5M Debt Restructure on 2 loans and plan confirmation on South Carolina Apartment Building
Restructuring Advisory Group negotiates the consensual restructure of a multi-million-dollar loan encumbering an apartment portfolio in Columbia South Carolina. The Company acted as chief strategist and lead negotiator in the Chapter 11 proceeding that resulted in the confirmation of a consensual reorganization plan written by the firm with all creditors voting in favor of the reorganization.
April 20, 2015
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Restructuring Advisory Group Arranges $4.7M Bank Refinancing for Chapter 11 Client
Restructuring Advisory Group arranges the funding of $4.7M bank loan to refinance a portfolio of real estate for a former Ch-11 client as part of a 63% discounted note payoff negotiated by Restructuring Advisory Group.
March 26, 2015
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Restructuring Advisory Group arranges $1M Bank Financing for Chapter 11 Client
Restructuring Advisory Group provided the funding of a $1M low interest rate bank loan on a residential project in Bakersfield, CA for a former CH-11 client .
December 11, 2014
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Restructuring Advisory Group writes a reorganization plan to drive the negotiations of a $5M restructure on a commercial real estate property in Los Angeles, then finalizes the deal and has the case dismissed through execution of a forbearance agreement.
August 11, 2014
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Restructuring Advisory Group provides $1M refinance for Ch-11 Client
Restructuring Advisory Group provides $1M Low Interest Rate Bank Loan to fund a former clients Company that was previously in Chapter 11.
July 16, 2014
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Restructuring Advisory Group finances $2,5M to fund reorganization plan
$2.5M Private Money Loan funds Chapter 11 Reorganization providing 100% Financing to Fund Reorganization Plan. Plan written by Restructuring Advisory Group was confirmed. Restructuring Advisory Group provided the $2.5M loan.
May 20, 2014
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Restructuring Advisory Group negotiated the restructure of $4.6M in commercial loans encumbering a multi-family residential property in the Central Valley of California which included negotiating a $600,000 discount of the $3.4M first trust deed and a $600,000 discount of the $1.2M second trust deed. Restructuring Advisory Group wrote the reorganization plan and negotiated the consensual restructure.
December 12, 2013
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Restructuring Advisory Group Restructures $3.5M loan as part of reorganization plan
The restructure of a $3.5M commercial loan encumbering a multi family residential project in Bakersfield, CA enabling the property owner to discount the loan by $500,000. Restructuring Advisory Group wrote the reorganization plan and negotiated the consensual restructure.
August 27, 2013
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Multiple Loan Restructure and Reorganization Plan Confirmation
The confirmation of a reorganization plan restructuring 3 bank loans and 25 leases encumbering the assets of a 25 year old trucking and freight Company in Los Angeles, CA. The plan was written by Restructuring Advisory Group and all of the loans and leases were renegotiated and restructured by Restructuring Advisory Group.
June 26, 2013
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$2.6M debt restrucure and $500,000 discount negotiated by Restructuring Advisory Group
Restructuring Advisory Group restructures a $2.6M loan encumbering a carwash in southern California and negotiates a $500,000 discount.
January 28, 2013
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Restructuring Advisory Group negotiates restructure of $4.3M subdivision loan
Restructuring Advisory Group restructure of a $4.3M land loan encumbering an 18.6 acre subdivision in Central California. Restructuring Advisory Group wrote the reorganization plan and negotiated the consensual restructure.
October 25, 2012
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Chapter 11 Advisor Announces $44M CMBS Loan Restructure
Restructuring Advisory Group restructure of a $44M CMBS loan encumbering a retail/commercial portfolio in San Diego and La Jolla, CA.
June 19, 2012
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Debt Restructuring Advisor Announces $5M Loan Modification
Restructuring Advisory Group negotiated a commercial real estate loan modification on a $5M real estate and business portfolio in southern California.
April 13, 2012
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Debt Restructure Advisor Announces Plan Confirmation in a Multiple Asset Chapter 11
The reorganization plan conceived and written by Restructuring Advisory Group to restructure a portfolio of commercial real estate in Pennsylvania was confirmed and that the plan confirmation restructured 28 loans encumbering the assets of the property owner.
February 20, 2012
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Debt Restructure Advisory Announces Restructure of 27 Loans
Restructuring Advisory Group restructure of 27 loans encumbering a residential and commercial real estate portfolio in eastern Pennsylvania.
October 5, 2011
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Chapter 11 Advisor Restructures $8M New York Project
Restructuring Advisory Group retained to restructure an $8M development in Brooklyn, N.Y.
August 31, 2011
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Chapter 11 Consultant Retained To Restructure $8M Portfolio
Restructuring Advisory Group retained to restructure a portfolio of 4 retail properties in Tennessee and Florida.
July 20, 2011
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Bankruptcy Consultant Retained To Restructure $50M Portfolio
Restructuring Advisory Group retained as lead strategist and lead negotiator to restructure a $50M real estate portfolio in San Diego.
June 29, 2011
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Chapter 11 Consultant Retained to Restructure $7M Car Wash portfolio
Restructuring Advisory Group retained as the lead Chapter 11 strategist to restructure a $7M portfolio of car washes that filed for bankruptcy protection in the northern district of Pennsylvania.
April 29, 2011
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Bankruptcy Help – Restructuring Advisory Group Announces $1.4M Chapter 11 Loan
Restructuring Advisory Group, a bankruptcy advisor and chapter 11 consulting firm announced today that the firm has provided a $1.4M loan to fund the chapter 11 plan of reorganization for a Restructuring Advisory Group client whose 144 unit apartment project needed construction and take-out financing to fund its’ chapter 11 reorganization plan.
April 8, 2011
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Property Owners Retain Restructuring Advisory Group in 45M Bankruptcy
Property owners in Florida seeking bankruptcy help retain Restructuring Advisory Group as lead strategist in a $45M bankruptcy to restructure the debt on the project write the reorganization plan, and provide Chapter 11 financing.
March 25, 2011
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Chapter 11 Financing Press Release
Restructuring Advisory Group announces funding of $2.1M in chapter 11 case to complete construction of a $16M project
March 18, 2011
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Pre-Chapter 11 Negotiations Enable Client to Avoid Chapter 11
Restructuring Advisory Group negotiates steep discounts for a corporate client in New Jersey whose trade debts were over twice the firms’ receivables, obtained 60%-80% discounts and enabled the client to avoid chapter 11.
February 28, 2011
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Chapter 11 Debt Restructure Press Release
Restructuring Advisory Group retained after chapter 11 was filed and then negotiated a consensual chapter 11 reorganization and dismissed the case within 60 days of being hired.
January 24, 2011
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Restructuring Advisory Group retained after chapter 11 was filed as lead strategist in $16M bankruptcy filing
December 1, 2010
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Restructuring Advisory Group retained after chapter 11 was filed as lead strategist to restructure an $85M portfolio
July 10, 2010
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Pre-Chapter 11 Negotiations Enable Client to Avoid Chapter 11
Restructuring Advisory Group negotiates a halt to the foreclosure, a loan extension and the bank funded balance of construction funds required to finish the project
March 25, 2010
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Chapter 11 Bankruptcy and how it can work for you.
Restructuring Advisory Group is offering free consultations on how to restructure commercial real estate debt to commercial real estate owners and developers who have projects whose loans are due, coming due, in default, or are already in chapter 11. The company battles the banks and limits the attorneys saving you both time and money.
February 23, 2010
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Pre-Chapter 11 Negotiations Enable Client to Avoid Chapter 11
Restructuring Advisory Group negotiates a loan discount of 53%, stopped enforcement of guarantees and financed the purchase of the discounted note.
February 8, 2010
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Restructuring Advisory Group has been retained to restructure $100M in debt
January 12, 2010
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Restructuring Advisory Group provides expert advice at fraction of costs charged by attorneys
