pre bankruptcy planning for the commercial reorganization
Pre-bankruptcy planningCommercial reorganizationBusiness insolvency strategyFinancial restructuringDistressed company planning
Pre-bankruptcy planning is a critical strategic process for businesses facing financial challenges, designed to proactively prepare for and navigate a commercial reorganization. This involves carefully assessing assets and liabilities, developing a comprehensive financial restructuring plan, and exploring all available options to minimize losses, preserve value, and achieve a more favorable outcome than reactive measures in times of business insolvency.