Receivership Services and SC Bankruptcy Trustee
True Blue Hospitality Services
True Blue Hospitality is currently available to provide Receivership Duties and/or short-term management/consulting for income-producing assets including hotels, condo-hotels, apartments, condominiums and retail properties.We are also a certified Bankruptcy Trustee in the state of South Carolina. From receivership to takeover to rehab to management to sale, we can handle it all for your property! Located in Charleston, SC, True Blue Hospitality can provide immediate relief to lenders and attorneys needing quick results.
•Pre-takeover consulting •Initial and ongoing court appearances and reporting •Seizure of assets and securing of cash •Safeguarding of assets •Management of relationships with debtor, attorneys, lender and the Court •Overview of operations, budgeting and asset management •Taking inventories •Negotiations with franchisor •Negotiation with various insurance carriers •Renegotiation, termination, or transferring of licenses as appropriate •Dealing with vendor contracts to be notified, reviewed, renegotiated, etc. •Capital expenditure analysis and recommendations •Preparation of reports submitted to the court and/or financial institution/attorney •Cash monitoring of disbursements •Asset management plan •Ongoing operational management
True Blue Hospitality will provide the best solution for each asset in order to maximize its financial performance, operating condition and its valuation to a potential buyer.