Working Your Workout

You represent a company that is experiencing financial difficulties and is considering commencing a workout. Check out this checklist for distressed borrowers who need to negotiate a workout with their lenders during financially challenging times.

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Related Content

• Workouts: Getting Organized Video
  Watch this video for best practices for getting organized for workouts.

• Assessing a Workout
  Read this practice note for a discussion of the various considerations that go into whether a company should initiate a workout.

• Loan Workouts and Exchange Offers
  Review this practice note for an examination of whether a company may restructure its loans and bond debt.

• Business Workouts
  Get general information on how to initiate a workout, as well as continuing obligations and operating a business during a workout.

• Forbearance Agreement (Bankruptcy, Loan, and other Debt Workouts)
  Check out this template forbearance agreement where lenders agree to forbear for a specific period of time from accelerating a debtor’s debt and pursuing remedies.

• Out-of-Court Restructuring and Liquidation Alternatives Resource Kit
  Use this resource kit for Practical Guidance materials on out-of-court restructuring options, including workouts, and liquidation alternatives to filing for bankruptcy protection.

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