Deposit Products

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Bankruptcy Deposit & Investment Services

J.P. Morgan provides comprehensive, customized cash management and investment solutions to support the needs of Chapter 11 debtors and related bankruptcy professionals. For the past 25 years we have demonstrated an unprecedented commitment to the bankruptcy community, we can handle every cash management aspect of a bankruptcy, no matter how straight forward or complex. We don't simply offer accounts or investment options for your deposits. Rather, we protect our clients with the understanding of how to manage their assets under the Bankruptcy Code and Rules. You need a bank that can guide you along the way, not just follow instructions.

Experience

With more than 100 years of collective bankruptcy and financial services experience, our dedicated team of professionals brings a wealth of knowledge to each cash management engagement. Law firms, restructuring professionals and corporations of every size turn to us because we understand each case is unique. The range of our clients in such diverse industries as automotive, telecommunications, energy, retail, transportation, and manufacturing, is testimony to the breadth of the bankruptcy services that J.P. Morgan offers. We have provided services to many of the major corporations and their professionals that have filed for bankruptcy across the nation.


Customized Solutions

Our client service professionals will partner with you to create customized cash management solutions that enable you to match your investment guidelines – regardless of the size of your deposit. Whether you’re utilizing our integrated end–to–end cash, trade and treasury solutions, or a simple operating account, our full array of banking products offer you exactly what you need.

Cash management services include:

  • Collateralized Bankruptcy Money Market Account – Invested in full compliance with Section 345 of the Bankruptcy Code. Collateral is pledged in accordance with the terms and conditions specified by the U.S. Trustee’s Approved Depository and Collateralization Agreement.
  • Automated Clearing House (ACH) Services – Streamline payables and receivables through electronic transactions and eliminate the paper associated with routine Cash Management.
  • Controlled Disbursement / Account Reconciliation Services – Gain control over idle balances, eliminate overdrafts and automate funding transfers.
  • Demand Deposit Account (DDA) – Core Cash Management account provided with monthly account analysis, account services, and Internet accessibility.
  • J.P. Morgan Client Access – Web self–service to view timely information, initiate transactions, and make inquiries through one consolidated window.
  • Lock Box – Faster collection of payments and earlier availability of payment posting information.
Cash Management Recognition

  • Best Overall Bank for Cash Management in North America, Global Finance, 2006
  • Best Cash Management Specialist, The Asset, 2005

For more information about J.P. Morgan’s Bankruptcy Cash Management, please contact Terri Steinbrenner at terri.a.steinbrenner@jpmorgan.com or by phone at 212–623–6080.

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