When a credit goes sideways, the special assets desk needs one independent answer: restructure, extend, or liquidate — and the evidence to defend whichever it is.
A workout engagement is the firm’s standard analysis rebuilt on current reality. The linked model is reconstructed on actual results rather than projections; the market evidence is re-underwritten to today’s vintage from the same published sources; and the scenario set the situation actually requires is run side by side — rate and term restructures, principal modification, additional collateral, alternative use, and exit. Liquidation analysis is standard, not optional: orderly and forced recovery values, marketing-period assumptions stated, costs of sale enumerated. The deliverable is a determination memorandum a workout officer can carry into committee — and that holds up in the litigation these situations frequently become, prepared by a firm whose independence is documented across more than 4,000 engagements.
An independent restructure-extend-liquidate determination with the coverage math, recovery values, and market evidence behind each path — from outside the institution, where the credit file needs it to come from.
Buy-side and sell-side diligence on troubled credits: what the asset can actually service, what it would actually recover, and where the original underwriting diverged from reality.
Court-ready analysis of operating trajectory, value, and feasible paths — with every figure sourced and the methodology stated, supported by senior valuation review under the firm’s MAI-designated advisor.
The honest version of your position: which restructure proposals the numbers genuinely support — the credibility a borrower-prepared projection cannot carry into a workout negotiation.
Fixed fees quoted in advance, never contingent on the determination. Expedited delivery available for situations on a forbearance or sale clock. The determination is independent — engagements seeking a predetermined answer are declined, which is precisely why the answer is worth having.