Breaking News: The Feds, Interest Rates, and Inflation
The Board of Governors of the Federal Reserve System unanimously voted to increase the interest rate paid on reserve balances to 1.65%, effective June 16, 2022. Over the past several months our blogs and articles have intimated that this interest rate increase was looming. The Fed’s intent is to place a governor on rising inflation,...
Law Journal Newsletters: ‘Why Bankruptcy Attorneys Need to Help Clients Face Distressed Assets Now’
Distressed Capital Resources Founder and President William “Bill” Lobel recently published an article in Law Journal Newsletters. The article, titled “Why Bankruptcy Attorneys Need to Help Their Clients Face Distressed Assets Now,” examines the financial challenges business owners will face as economic support from the government decreases and interest rates rise over the next year....
Troubling Times – Interesting Times
These are times when fake news has almost become the norm. Most of us don’t trust what we are being told by our politicians, our newscasters, journalists and even our health care providers. We are being told inflation is running at a 7% annual rate. Even a cursory look at the rising costs of housing,...
Relieve Distressed Assets Through Tax Refund? Yes!
A recreational vehicle dealer enjoyed years of success and profitability for many years. Over a three-year period, however, this client fell on hard times and posted substantial losses. Before coming to our offices, he tried to seek relief from other professionals. None were able to monetize his recent tax loss and he was forced to...
Sometimes the Best Solution is Renegotiating Leases
Renegotiating leases has been a strong gambit throughout the pandemic. But we have been successfully doing this for years. Our real estate experts know the ins and outs of successfully renegotiating commercial business leases – it is a fine art. We represented a chain of fast-food restaurants with over 150 locations throughout the United States....
Creating Client Wins to Avoid Bankruptcy
With a focus on avoiding bankruptcy, our client wins at Distressed Capital Resources are based on two principles: We have successfully achieved this goal for hundreds of clients over the years saving many real estate portfolios and companies, and Our well-developed connections and relationships with professionals in 24 service areas can potentially be the key...
Businesses are Having More Challenging Economic Problems
The current economic climate has impacted many professionals and entities operating businesses or owning real estate. Some of the companies most frequently experiencing these challenges include: Shopping center owners and real estate investors which have been severely impacted by the pandemic. Faced with the decline of brick-and-mortar businesses, and online shopping as the new reality,...
Can New Financing Create New Beginnings?
Replacement Financing describes loans from an existing or new lender necessary to implement a restructuring program. It is usually money loaned by a new lender to a distressed borrower where the proceeds on loan are used, at least in part, to pay off the old debt that is in default. The availability of replacement financing...
The Story of Distressed Capital Resources
As the founder of DCR, I intend to use my decades of experience helping companies stave off chapter 11 bankruptcies to now help more individuals and businesses accomplish this goal. As an experienced and knowledgeable bankruptcy attorney, I have counseled and represented individuals and companies which have found themselves in financially distressed situations. These can...