About: Ari Miller

Recent Posts by Ari Miller

D.I.P. financing… What is it?

D.I.P. financing

D.I.P. financing is loans for companies who have filed for chapter 11 bankruptcy. While most traditional banks & lenders won't lend money to companies in bankruptcy, we see as the perfect opportunity to help companies restructure their finances. There are a number of situations where D.I.P. financing can help companies: 1. Cashflow - During this process, companies...
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What is Chapter 11 Bankruptcy?

What is Chapter 11 Bankruptcy?

The following is taken from: Chapter 11 - Bankruptcy Basics

Background

A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy. An individual cannot file under chapter 11 or any other chapter if, during the preceding 180 days, a prior bankruptcy petition was dismissed...
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Some real estate investment partnerships have to file chapter 11 because…

Some real estate investment partnerships have to file chapter 11 because the lender doesn't renew the loan at the time of balloon.  Some file because of a technical default.  Some file because something happens at the property that the owners couldn't have predicted that hurts the occupancy rate.  Some file because unexpected repairs cause financial...
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Bankruptcy auction vs. Real Estate foreclosure

Bankruptcy auction vs. Real Estate foreclosure

When a commercial mortgage is in default and the borrower is in bankruptcy, pursuing a foreclosure is not the only option for recovery.

Often, auctions are a preferred method of sale as opposed to foreclosure for both the borrower and the lender.

Here’s why:

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