• Determined true value of the receivables so the lender could decide whether to proceed with taking control of the asset or work out a settlement with the debtor.
   
• Documented processes, procedures, data and systems requirements so a third party could quickly take over the collection of the A/R.
   

Durable Medical Equipment

• Assisted attorneys with crafting a Transitional Agreement between the buyer and seller of this medical company to protect the value of the A/R.
   

Freestanding Radiology/MRI Company

• Alerted lender to a decrease in asset value below the original loan amount.
   
• Identified and quantified misapplication of receipts that caused the A/R value to be overstated.