Bankruptcy Trustee for 132-property portfolio

November 1st, 2013 by Rockwell Partners

“You will be very happy with the services that the Rockwell team can provide to your clients. Rockwell served our firm and the Trustee in an exceptional manner in a complex and complicated asset-sale in a chapter 7 bankruptcy case.  The Rockwell team successfully:  (a) generated significant interest in a portfolio with an estimated value of $1 at the time the case was filed;  (b) secured approximately 50 REO properties in difficult neighborhoods;  (c) assessed the marketability of the REO properties at issue;  (d) investigated approximately 50 additional notes (majority in default) owned by the Debtor for perfection and lien issues to determine the marketability of the assets for the Trustee;  (e) understood and executed a 363 sale-auction in a streamline manner;  and (f) continuously bridged the gap between the Trustee and the secured lender on these assets.”

“Simply put, Rockwell Partners created value where none existed prior to their involvement.  Rockwell stepped in and served as the Trustee’s right-hand in this case.  I stand by them, and believe they can be an asset to you in your practice. Especially in your real estate/restructuring/receivership cases.  Moreover, they are great guys. They enjoy new challenges and can surpass expectations.”

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