Annual Revenue: $65 million Industry: Retail Entity Type: Private Geographic Footprint: National Company Profile Corporate Recovery Services www.cbiz.com/corporaterecovery Bankruptcy Services Increase Payout to Creditors Issue A mattress retailer failed to meet obligations as due. As such, three petitioning creditors filed the company into an involuntary bankruptcy. The case subsequently converted to a debtor-in- possession Chapter 11 filing. With its significant cash burn, the retailer had a tight timetable to sell its assets and confirm a plan of liquidation. Solution Our corporate recovery team assisted the retailer’s unsecured creditors committee throughout the Chapter 11 proceedings. We identified and recovered off-balance sheet assets and helped coordinate the sale of t

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