Business Credit Magazine February 2014 | Page 47

Experienced Professionals for Difficult Times NACM’s Distressed Business Services Many of NACM’s Affiliates are involved in a national network that provides assistance in the rehabilitation (if possible) or liquidation (if necessary) of businesses in severe financial difficulty. Working in conjunction with the business and its creditors, this service is designed to provide the business with the opportunity to reestablish its financial credibility through time and planning, or to assist in ceasing its existence. As a cost - effective, quick and efficient alternative to bankruptcy, NACM Affiliates provide forums and facilities to rehabilitate or liquidate the affairs of financially distressed companies — which means more return to creditors and more money left in the business to regain its footing. While courts