What is the reconstruction of assets?
Reconstruction of assets is the processing of desperate assets to try to obtain their value and clean them from books. This arises in response to the financial crisis, which causes the number of bad loans to increase rapidly in response to a number of economic problems. Some governments directly finance the reconstruction programs in the framework of the economic recovery plan, and it is also possible to see how private companies carry out this service. It can buy assets at a very discounted price, causing the original company to accept the loss, but the clearing of non -payable assets can allow precisely the assessment of financial health and work on the recovery plan. Once the company is taken over, it can work to restore these assets. The company can follow the collections and if tonefung, it can begin to exclude and sell real estate to get cash and close them. The assets of the assets specializes in this activity and can handle this process more efficiently than a common financial institution because it has staff, experienceI and a support network. It can own a real estate company that can handle the process of assessment of real estate, their introduction and the necessary modifications to make them more store.
For companies with bad loans in their books, the reconstruction of assets creates the possibility to correct their financial situation and satisfy the needs of shareholders and other investors. Unfulfilled assets can become a serious responsibility and can contribute to the crisis of investors' confidence, as people are growing concerns the possibility of complete bankruptcy. The company can write Assets, sell them, edit your books and move forward. The loss obtained on assets is tax -deductible and allows society to build better for economic recovery.
Companies offering the Reconstruction Services can also agree to work as suppliers. In this caseslice. Some companies may prefer this option because it allows them to maintain assets in books longer. Companies can also create spinoffs to manage their bad assets, keep them in the company's umbrella and isolate them from other operations.