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History of Equity Search, Inc.
Former IRS Revenue Officer John J. O’Neill founded Equity Search, Inc.
(“Equity”) in 1984 to help companies identify tax solutions and resolve
tax problems. Equity’s team provides advice on protecting assets from
seizure and develops strategies for overcoming short-term pressures. Its
professionals then design and oversee the implementation of
comprehensive tax plans that allows organizations to move beyond past
difficulties, take advantage of available opportunities and compete
effectively in the marketplace.
Since its inception, Equity has sought to diversify its business focus
by investing in distressed assets purchased from bankruptcy estates. The
Firm’s tax workout consultants recognize that companies who file for
bankruptcy may not be unprofitable - just poorly managed. The Equity
team is able to identify and purchase these distressed companies at
below market costs, recreate a positive cash flow and generate a
substantial return for investors. In other cases, they have found that
individual asset purchases can be lucrative. A bankrupt business could
have assets such as machinery, equipment, automobiles or real estate,
all of which can be acquired at liquidation prices.
For the year ending December 31, 2007, 1,253,144 Americans have filed
for bankruptcy. These filings consist of both personal and business
filings under Chapters 7, 11, and 13. Over the last decade, bankruptcy
has become more and more common. Consumer debt has driven an
increasingly large percentage of the American population to bankruptcy
courts around the nation.
The professionals at Equity Search, Inc. carefully monitor bankruptcy
filings in jurisdictions all over the country. Bankruptcy court provides
a unique, ongoing opportunity to purchase companies and assets at a
fraction of their market value.
Why Equity Search?
The professionals at Equity Search have experience in the fields of
insolvency, restructuring and bankruptcy. Equity’s founder, John J.
O’Neill, is a former IRS Revenue Officer who wrote the IRS manual on
Bankruptcy. Mr. O’Neill was also the Chief of the IRS Solvency Unit in
Buffalo, NY for two years. The Equity team has worked across the nation
and continually makes a substantial return on its investments. Its
management team is willing to mentor other professionals interested in
learning about this industry. No one else provides the content, the
depth or the level of training offered by Equity.
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