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D & H Credit Services Inc.
 
       
   
Creditors’ Committees
 
     
B a c k
 
  Some business executives think serving on a creditor’s committee is a waste of time – throwing good money after bad. We vehemently disagree and can show the hard dollar results of our claim. In serving on creditor’s committees where the debtors swore there was no money for the unsecured creditors, D & H executives have been able to force settlements as follows:
   
     
   

1) $.55 on the dollar over a period of two years

2) $.25 on the dollar

3) $.28 on the dollar

     
 

Each of these cases was different and through varying approaches, D & H was able to determine that there really was something for the unsecured creditors. As you can see in the cases above, even a claim of $100,000 is worth pursuing. However, without aggressive action on the part of the creditor’s committees (spurred on by D & H), the unsecured creditors would have received nothing.

Even those who agree with our analysis are sometimes in a bind. Many simply cannot spare the time to have an executive serve on a creditor’s committee while others do not have the in-house expertise. This is where D & H can play a vital role for your firm. We will serve in your place on the creditor’s committee advocating strongly for your position. We will go to the meetings, participate in the follow-up conference calls and keep you updated. For this, we simply charge a very reasonable hourly fee plus any expenses incurred in traveling on your behalf. Questions about this service can be directed to Hal Schaeffer at 516 883 6980 or halschaeffer dandhcredit.com.

     
 
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:: 171 Haut-Brion Avenue Newark, DE 19702
 
 
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