BCC is active in the area of settlement of debts contracted by financially distressed companies; the purpose of this activity is to help clients who have failed to service their debt obligations to creditor banks due to unsustainable debt burden in order to reach an amicable debt settlement.
In this context, BCC follows a systematic process to review all documents and bank reconciliations in order to reconcile figures of non-performing loans as per bank records with clients books, and to then identify options and alternatives to settle the debt and enter into rounds of negotiations with creditor banks in order to reach a final debt settlement. This process encompasses preparation of draft debt settlement agreements including their legal review before signature.
In this context, BCC follows a systematic process to review all documents and bank reconciliations in order to reconcile figures of non-performing loans as per bank records with clients books, and to then identify options and alternatives to settle the debt and enter into rounds of negotiations with creditor banks in order to reach a final debt settlement. This process encompasses preparation of draft debt settlement agreements including their legal review before signature.
Debt Settlement
©Copyright 2009 BCC All Rights Reserved
Our Services
About BCC
Benchmark Capital Corp., SAE
Investment Banking
Investment Banking
