Fiduciary Deposit Accounts

Debtor In Possession & Receivership Accounts

2020欧洲杯体育足彩外围appFor companies in financial distress, coming out of bankruptcy with a stronger balance sheet is just one of many options. Enterprise is authorized by the U.S. Trustee Program to maintain deposits of bankruptcy funds.  We understand the responsibilities of the bank while you are operating in these unique situations. We have a dedicated team of professionals that open the accounts and provide ongoing service to authorized parties.

Specialized banking services includes:

  • Master signature cards for expedited opening of receivership accounts
  • Treasury Management Services including online access and remote deposit capability
  • FDIC coverage for depository accounts
  • Ability to fully collateralize accounts

We offer specialized bank solutions, including Debtor in Possession (DIP) accounts and Receivership accounts, to:

  • Professional fiduciaries
  • Liquidating trustees
  • State & federal court receivers
  • Restructuring professionals
  • Chief responsibility officers
  • Chief restructuring officers
  • Disbursing agents
  • Claims Administrations
  • Chapter 11 Trustees in multiple regions
  • Class Action Suit Administrators
  • Professional Asset Management Fiduciaries
  • Debtors in Possession
     
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