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Debt Resolution (ABCs)

Streamlining Debt Resolution through ABCs

Navigating Insolvency with Expertise and Efficiency

Rock Creek specializes in advising and operating companies through state regulated Assignment for the Benefit of Creditors (ABCs). 

ABCs are a faster, cheaper, and less publicized insolvency proceeding. 

ABCs allows a company to shed its liabilities in a cost-effective manner, sell its assets and wind-down the company. 

Rock Creek Advisors specializes in advising and operating companies through state-regulated Assignment for the Benefit of Creditors (ABCs). This insolvency proceeding offers a faster, more cost-effective, and discreet way for companies to shed liabilities, sell assets, and efficiently wind down operations, all under the expertise of Rock Creek professionals. 

Our process involves assigning company assets to a dedicated Rock Creek Special Purpose Entity (SPE) to maximize asset value for creditors. We assume all fiduciary responsibilities, relieving your company of creditor contact and communication. Additionally, we orchestrate a time-sensitive asset sale process in collaboration with secured lenders, ensuring maximum returns. 

How Can We Help?

  • Company assets are assigned to a Rock Creek SPE to sell for the benefit of creditors 
  • Rock Creek professionals take over go-forward fiduciary responsibilities from the company 
  • Company relieved of all creditor contact and communication 
  • Rock Creek runs a time sensitive asset sale process 
  • Rock Creek maximizes the value of the assets for the benefit of all creditors