Rus News Journal

The debt - an occasion to talk

every fifth company - the bankrupt in the USA wants to agree at first with creditors

According to research BankruptcyData. com, the number of the so-called prepared bankruptcies in the USA for this year has grown three times and has made 18 % of all cases connected with an inconsistency of the companies. The problem enterprises aspire to solve at first all questions with creditors, and already then to declare bankruptcy.

in 2009 the number of such statements has reached 30, and for the similar period of their last year was typed only 10. Days of long processes of bankruptcy on 11 - j to article, seemingly, leave in the past, - authors of research of operating director Alvarez and Marsal quote Dzhefri Stegenga. - Expenses for carrying out of procedures of protection against creditors are often very high, and process can cause a damage to business .

During time prepared Bankruptcies all participants of process co-ordinate the plan of reorganisation of the enterprise before to declare an inconsistency. Using such variant, the companies can present more precisely a bankruptcy consequence, it does not distract them from business dealing and allows to pass quickly all legal proceedings, essentially having saved time.

it have already used CIT Group Inc., Charter Communications Inc., Lear Corp. And Six Flags Inc., and the total volume of actives of 30 gone bankrupt enterprises has made 124 mlrd dollars, informs BankruptcyData. com. Prepared bankruptcy of financial giant CIT Group with volume of actives 80 mlrd dollars became the largest bankruptcy of this kind, is told in research.