Steven Mitnick serves as Secretary of SM Financial Services Corporation, an entity formed to invest in and manage the purchase of financial assets from trustees and fiduciaries, particularly judgments, preferences, notes, and accounts receivable. Steven supervises and manages wind downs of all forms of corporate entities and supervises auctions and sales. An important focus of Steven’s work is the purchase and collection of medical receivables. He co-leads the team in the collection and monetization of receivables in the insolvent healthcare space from hospitals to professional practices, both the insurance and patient components.
Steven has served as a Chapter 11 trustee, receiver, special fiscal agent and assignee for the benefit of creditors in over 300 cases where he has recovered multi-millions of dollars for creditors as founder and principal of SM Law, PC, a law firm, which specializes in state court insolvency matters, bankruptcy trustee representation and multi-party preference and collection actions.
Steven is a frequent lecturer speaking on corporate liquidation, debt collection, assignments for the benefit of creditors (ABC’s), litigation financing, asset recovery, and state court receiverships, and he has authored related course materials.