Turnaround and Crisis Management

Throughout our long history as business advisors, McTevia & Associates has earned a national reputation for our ability to resolve serious business problems without court supervision.

A single or series of events may cause a company to encounter serious and continued losses. In many cases, if the problems are addressed before excessive damage to the business has occurred, a private reorganization can be structured. Agreements are often reached where existing debt is paid over a predetermined period of time, with future debt paid promptly. This arrangement, if structured properly, can provide the relief that a company needs to begin the rehabilitation process.