There are only three steps you can take to resolving financial difficulties.

- James V. McTevia

One of the most frequent mistakes a distressed business makes is to put off facing difficult issues.

- James V. McTevia

Guiding a company through troubled waters is serious business.

- James V. McTevia

Latest News

McTevia Commentary in Crain's Detroit: It's not time to live in the future, but to act in the present

read more


McTevia speaks with WPHM radio on Coronavirus pandemic, offers expert advice and perspective for businesses and society

listen to clip


McTevia speaks to Associated Press regarding rebirth of Detroit

read more


DBusiness feature article reports on how McTevia and his team of experts are credited with discovery of Ponzi scheme as Detroit Police and Fireman Pension Fund is scammed out of $10 million

read more


McTevia discusses benefits of mastering new equipment and machinery before purchasing and training on the job

read more


McTevia's comments on success of Michigan's energy-related economy

read more


McTevia comments on Detroit lawsuit against delinquent taxpayers

read more


McTevia comments on the financing structure of the Westin Book Cadillac Hotel in Detroit

read more


View All News

Insights

Our firm provides services to publicly and privately held businesses, banks, savings and loan associations, pension funds, mortgage companies, regulatory authorities, and their customers and/or clients. We specialize in working with firms that are in transition or under-performing in the development of due diligence reports, debt restructuring, business plans, financing proposals, mergers, acquisitions, wind downs, liquidations and the resolution of financial difficulties. Our associates have extensive experience in banking, industrial finance and financial and business management.

For over 60 years, our firm has developed a national reputation for assisting companies struggling with financial difficulties. Our focus is to either guide the client through a reorganization of operations and a restructuring of debt, or if that is impossible, structure a process to discontinue the company's business, wind down operations and liquidate assets in an expeditious and cost effective manner. We function both with and without court supervision. However, our goal is to facilitate the company through this process in an out of court forum whenever possible.

Our services are provided throughout North America. We are held in the highest regard by the business community, federal, state and local governmental bodies, regulatory agencies, pension funds, lenders, law firms, and the judiciary. A more comprehensive description of our associates' credentials and the services our firm provides can be obtained on this site.

Books by McTevia

One-Eyed Kings

One-Eyed Kings:
Lessons I Learned from an Incurable Disease

By James V. McTevia

Price: $15.00

Order Book

The Culture of Debt

The Culture of Debt:
How a Once-Proud Society Mortgaged Its Future

By James V. McTevia

Price: $14.95

Order Book

Bankrupt: A Society Living in the Future

Bankrupt:
A Society Living in the Future

By James V. McTevia

Price: $21.95

Order Book

Videos

Jim McTevia on FOX 2 “Money Works”

CULTURE OF DEBT Trailer


View All Videos