Bankruptcy

Bankruptcy Navigation

Name: ClosureRx
Address: 2895 N Green Valley Pkwy, Henderson, NV, 89014, US
Telephone: (702) 555-0199
Price range: $$$

Operational guidance through Chapter 7 or Chapter 11 bankruptcy affecting a medical practice. Coordinate with legal counsel while managing day-to-day wind-down, creditor communications, and regulatory obligations.

Get Started Call (702) 555-0199

When a medical practice faces bankruptcy, the operational complexity multiplies. You are not just closing a practice; you are doing it under court supervision, with creditor demands, trustee oversight, and legal deadlines layered on top of every regulatory requirement.

Brad Palubicki lived this reality as President and CFO of a multi-location medical corporation through Chapter 11. He knows that bankruptcy counsel handles the legal strategy, but someone has to manage the day-to-day: keeping the lights on, maintaining patient care, coordinating staff, and ensuring regulatory compliance while the legal process unfolds.

That operational role is what ClosureRx fills. We work alongside your bankruptcy attorney, handling the operational wind-down while they handle the legal proceedings. This division of labor is critical because most bankruptcy attorneys are not equipped to manage DEA surrenders, insurance panel terminations, or state-by-state medical board compliance.

What We Handle

Day-to-day operational management during proceedings

Coordination with bankruptcy counsel and trustee

Creditor communication management and documentation

Patient care continuity planning during wind-down

Multi-location closure coordination across state lines

Regulatory compliance across all applicable agencies

AR recovery and claims management during bankruptcy

Staff retention and transition planning

Court filing documentation and operational reporting

CourtCase Search access for real-time case monitoring

Why It Matters

Medical practice bankruptcy without operational management leads to regulatory violations, patient abandonment claims, and personal liability for physicians. Our experience ensures compliance even under the pressure of bankruptcy proceedings.

Typical Timeline

Bankruptcy engagements run for the duration of proceedings, typically 6-18 months for Chapter 11 and 3-6 months for Chapter 7.

Nationwide Coverage

ClosureRx provides bankruptcy navigation services for physicians across all 50 states. Our team is versed in state-specific requirements and regulations, ensuring your closure is compliant regardless of where your practice is located.

For multi-state practices, we coordinate compliance across all applicable jurisdictions simultaneously, preventing the gaps that occur when multiple consultants manage different states independently.