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Bankruptcy & Receivership Accounting Services

Our experts at MDD have worked on bankruptcy related matters and have a reputation for accuracy, timeliness and thoroughness. We have over 80 years of forensic accounting experience in accounting, finance, tax and administration services.

Our professionals are well credentialed including, CPAs, CFEs, CFFs, LL.M, CVAs, CPCUs, PFSs and JDs.

bankruptcy and receivership services

Bankruptcy Accounting & Administration Services

Trustees and attorneys must deal with uncommon and technically challenging series of legal and regulatory events. Whether trustees are representing a company or an individual’s estate in bankruptcy, MDD can provide successful support. MDD can help trustees and others through sometimes difficult, time consuming and complex accounting, compliance and tax issues, including:

  • Forensic accounting issues connected with Chapter 11 and Chapter 7 filings
  • Providing guidance in reviewing and analyzing financial statements and tax returns
  • Confirmation and tracing of assets
  • Confirmation of liabilities
  • Analysis of pre-filing sources and uses of cash
  • Accounting, record keeping and financial reporting as needed
  • Collect assets belonging to the estate
  • Manage trust assets, including cash management
  • Pay debts and taxes required by the estate
  • Distribute trust assets
  • Assist in receivership duties as needed
  • Preparation of periodic compliance reports
  • Develop and prepare specific reports on an as needed basis
  • Work with turnaround consultants
  • Provide expert reports and testimony regarding financial and tax issues

Our Bankruptcy & Receivership Services

Accounting

  • Accounting to aid trustees
    and receivers
  • Capitalization
  • Fee examination
  • Custodian
  • DIP financing assistance
  • Reporting and compliance
    to the courts
  • Statement and schedule
    preparation
  • Valuation

Tax

  • Aid in tax appeals
  • Collections
  • Assist in criminal
    tax investigations
  • Provide assistance with
    tax audits,appeals, and
    litigation investigations

Litigation & Forensic Accounting

  • Damage assessments
  • Due Diligence
  • Expert witness and
    testimony
  • Forensic accounting
    investigations
  • Fraud examinations
  • Identification of fraudulent
    and preferential transfers
    and payments
  • Internal investigations

Bankruptcy Support

  • Pre-bankruptcy, bankruptcy
    and liquidation issues
  • Cash flow models /
    cost controls
  • Emergency accounting
  • Liquidations – fair market values
  • Solvency opinions and
    reporting for the courts
  • Transaction support
  • Workout plans

Our Trustee Services

  • Asset recovery
  • Asset liquidation
  • Disbursing agent
  • Real estate sales
  • Securing assets
  • Lease reviews

Asset Management

  • Claims analysis, management and resolution
  • Construction accounting and management
  • Aid with third-party
    coverage claims

For assistance with bankruptcy and receivership accounting services, hire MDD.

Please note – not all services are offered in all jurisdictions. 

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