Hays professionals have extensive experience in all phases of insolvency estate management, administration, recovery, asset disposition and accounting including successfully managing difficult and time-sensitive situations and ultimately making a distribution to creditors. We provide a full array of on-site management services during the period of reorganization or liquidation, such as selling assets, winding down the business, moving records to secure storage, and administering the insolvency estate.
Our staff of CPAs prepare court-required monthly estate accountings, investigate transactions, and prepare extensive accounting reports quickly and in a cost-effective manner using the latest accounting software. Our professionals have held key financial and accounting positions in major companies including Chief Financial Officer, Vice President of Finance, Controller, Director of Accounting and Accounting Manager.
We specialize in identifying and recovering hidden, lost or stolen assets by using a variety of methods (including computer searches and other asset tracing methodologies). In addition, we are often engaged as a collection agent or to manage external collection agencies and collection attorneys.
We are experienced in liquidating a wide variety of common and unique assets such as: real estate, jewelry, autos, investments, etc. and managing the complete sale/auction process including any third parties involved. We thoroughly investigate the value of assets and maximize this value through relationships with regional and national auction houses, including Sotheby’s and Christie’s, appraisers and brokers.
Hays has reviewed and reconciled thousands of claims for investors in securities investment and business bankruptcy cases. Our professionals are experienced in administering and reconciling the entire claims process, as well as handling investor questions to ensure no issues are left unresolved.
Hays strives to keep investors and creditors informed regarding the status of pending cases. The firm has a dedicated investor relations manager to take investor phone calls and answer questions. The firm issues reports along with other court documents and status memorandums and posts them on our website to keep investors and creditors informed regarding the status of their case.
Serving as a fiduciary, members of the firm have served as Plaintiff in hundreds of causes of action. We provide litigation support services and assistance to legal counsel in discovery – including preparation of schedules for document production, assistance in reviewing and responding to interrogatories, and review of documents and electronic evidence. We research claims, investigate issues, participate in depositions, develop strategies, prepare analyses, interview witnesses and provide expert witness testimony.
Employee Benefits Plan Termination
We have extensive experience in resolving employee-related matters, including the efficient termination or modification of employee benefits plans and the resolution of employee issues in accordance with government regulations.
Records Storage and Management
Hays provides secure and convenient records and asset storage in a modern warehouse facility. The facility is located within the Atlanta metropolitan area. Stored documents and assets are bar-coded for efficient retrieval, and we provide a dedicated onsite room for convenient records review.