With Neil Goldstein & Stephen Ravin

A Podcast about Corporate Bankruptcy

Hear from experts with decades of experience

Subscribe and listen on major platform​

What You'll Learn From This

Learn what a chapter 11 bankruptcy is and which companies are likely candidates for a filing. We’ll discuss costs, how to operate while in bankruptcy, alternatives to a bankruptcy filing, and hidden traps. We cover everything from finding the most appropriate attorney to do the filing to successful exits.

Recent Episodes

Corporate Bankruptcy A to Z – Podcast
01
Episode 01
Episode 1
What Is Bankruptcy?
Guest: Stephen B. Ravin — Saul Ewing LLP
Ch.11 vs Ch.7Costs & impactWhen to file
Topics
  • Chapter 11 vs. Chapter 7
  • Costs and immediate impact
  • How long bankruptcy lasts
  • When to file
Timestamps
2:15Automatic Stay
4:56Chapter 7
6:10Chapter 11
10:23Pre-bankruptcy planning
15:33How long is bankruptcy
20:45Best time to file
Stephen B. Ravin — Saul Ewing LLP
Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers.
Call him any time 973-286-6714 24/7,. Or email him at sravin@saul.com. You can also visit his firm’s website.
02
Episode 02
Episode 2
Who Should File?
Guest: Tom A. Colvin — MCR Capital Advisors
Personal guaranteesAssets vs liabilitiesEmployees
Topics
  • Recognizing when bankruptcy is best
  • Personal guarantees & significance
  • Assets vs. liabilities
  • Key professionals needed
  • What about the employees
Timestamps
7:22Accurate financial statements
9:25Personal guarantees
16:37Guide: should you file?
24:45Is debt forgiveness taxable?
34:02How to exit bankruptcy
Tom A. Colvin — MCR Capital Advisors.
For this episode we have a special guest. Tom A. Colvin of MCR Capital Advisors Corporation. Tom brings over 30 years of work experience working with individuals and companies in a multitude of industries. Tom’s expertise is focused on enabling businesses in several the facets and activates deemed essential for their operation.
Call him at the number 214-575-9985 colvint@mcrapitaladvisors.com. You can also visit his firm’s website
3.1
Episode 3.1
Episode 3 · Part 1
Alternatives to Bankruptcy — Part 1
Guest: Nick Jalowski — Cambridge Financial
13-week cash flowForbearanceAlternatives
Topics
  • 13-week cash flow reports
  • Forbearance agreements
  • Alternatives to bankruptcy
  • Speaking with vendors pre-filing
  • Good restructuring plans
Timestamps
15:02Forbearance agreement
20:02Alternatives to bankruptcy
24:08Out-of-court settlements
34:22Preference claims
43:32Case study
Nick Jalowski - Cambridge Financial
Nick Jalowski is the founder and has been the managing director of Cambridge Financial Services LLC since its inception. He is a Certified Turnaround Professional (CTP) and Certified Management Consultant (CMC). Formerly a corporate banker with Bank of New York in New York City, and Fidelity Union Bank in New Jersey.
Call him at 732-512-9200 x15 or email him nbj@cambridgefinancialcorp.com
Episode 1
Episode Title
▶ Short (~10 min)

🎙️ Sample placeholder audio — replace with real episode URL

Meet Your Hosts

Neil Goldstein is the founder of Elementary Business Inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth.
Mr. Goldstein draws from over 30 years of experience with the last 25+ in the restructuring field. His specialty is with distressed companies to restructure both finances and operations to return companies to profitability and, in other cases, avoid bankruptcy. As a hands-on consulting practitioner, he has personally negotiated with foreign governments for incentive programs, worked with union management to improve productivity, and restructured warehouses for efficiency and other specialized operational assignments. He has extensively traveled on behalf of business owners to factories located in Latin America, Mexico, Puerto Rico, and the Caribbean.

01

Neil Goldstein

Our co-host is Stephen Ravin from Saul Ewing Arnstein & Lehr. He’s been a bankruptcy attorney for 40 years.

Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers.

Stephen is admitted to practice before the U.S. District Court for the District of New Jersey and the Eastern District of New York as well as before the Supreme Court of the State of Florida.

02

Stephen Ravin