Financial Rehabilitation

Financial rehabilitation refers to the processes and strategies used to restore a person's or organization's financial health after experiencing serious financial distress, such as insolvency or bankruptcy. It typically involves reorganizing debts, cutting expenses, and possibly restructuring operations to improve cash flow. The goal is to stabilize finances, regain control over economic resources, and develop a sustainable plan for future growth. Financial rehabilitation may also involve working with creditors to negotiate better terms, ensuring that obligations can be met while allowing for recovery and rebuilding financial stability over time.