Paul Rome is CEO of Paul Rome and Associates, LLC (“PRAL”), an accounts receivable management company which maximizes the recoverability of the accounts receivable of companies with declining sales or those looking for new financing. An expert in the liquidation of accounts receivable, Paul works with companies in Chapter 11, Chapter 7, Receivership, and Assignment for the Benefit of Creditors (ABC) situations.
Most recently, Paul served as CEO of University Management Associates & Consultants Corp. Over the last thirty-five years, he has led liquidations and outsourcing projects in numerous industries for leading financial institutions. Previously, Paul managed the accounts receivable liquidation department at Creditek, LLC and served as Director of Legal Operations at Atwell, Curtis and Brooks, Ltd. where he led the liquidation of Laventhol & Horwath, the nation’s seventh largest accounting firm.
He is an expert in accounts receivable fraud as well as in the evaluation of commercial accounts receivable in a business-as-usual or wind-down scenario for distributors, manufacturers, trucking companies and other service providers. He has testified as an expert witness in courts throughout the United States.
Paul is President of the New York Institute of Credit and serves on the Executive Board of the New Jersey Chapter of the Turnaround Management Association. He is a past member of the American Bankruptcy Institute and Commercial Law League of America.