RECEIVERSHIPS
Has anyone been involved with receiverships? I spoke with a woman last night who is starting a receivership business handling the businesses that fall into bank possession. Sounded interesting.
Has anyone been involved with receiverships? I spoke with a woman last night who is starting a receivership business handling the businesses that fall into bank possession. Sounded interesting.
That said, it's also a place you may find significantly undervalued assets that were forced into the dire position due to mismanagement. I'd be curious to hear what a distressed/restructuring investor would have to say on the topic (i.e., finding opportunities via this channel).