About Us

An organization of skilled renewal and recovery specialists

At Commercial Recovery Associates, we have a deep and diverse team of experienced professionals to guide distressed organizations through complex financial, operational and administrative issues. Our ability to handle multifaceted business situations has earned us a national reputation for being the go-to resource for high profile and difficult engagements as well as more traditional projects.

Every business problem we encounter and every company we work with, is unique. Our team is tailored to the business’s specific needs. We work seamlessly with the company’s other advisors and stakeholders to reach favorable, cost-effective outcomes. We develop an overall strategy and take immediate action to stabilize the situation while working toward the company’s long-term goals and objectives.

The role we perform in the recovery process can vary depending on the situation, but it may include consulting on operational and financial turnarounds; taking the lead role as Chief Restructuring Officer (CRO), interim CEO or interim CFO; stepping in as an independent director or other fiduciary position. We have the flexibility to adapt to most any situation or crisis and see it through until all issues are resolved. Visit our services page for more information.

Commercial Recovery Associates is in business to help businesses operating under Chapter 11 Bankruptcy, Receiverships and Assignments to maximize the value for all creditors, lenders, shareholders and owners.

Commercial Recovery Associates can help you accomplish your goals.  Call us at 312.845.5001 or email us today to get started. 

As of December 1, 2023, we have a new address: Commercial Recovery Associates, LLC   805 Greenwood St Evanston, IL  60201