Receivership | Restructuring | Loan Workouts Consultation

Cross Business Consulting Services, L.L.C., brings a new and progressive approach to the insolvent and troubled business markets of Phoenix and the Southwestern United States.

We welcome the opportunity to meet and structure a plan that will help your business. Please contact us today.

We are here to help. Call Us: (602) 412-4422


JUST ANNOUNCED: We are pleased to announce that James Cross has been officially appointed as a Subchapter V Trustee!! Jim was the first Subchapter V Trustee to be appointed in the state of Arizona, and among the first in the nation, among only 250 in the entire country. Congratulations, Jim! The Small Business Reorganization Act of 2019 ("SBRA") went into effect on February 19, 2020, which makes reorganization under Chapter 11; Subchapter V of the Bankruptcy Code quicker and easier for small businesses. It is hoped that the SBRA will help more small businesses survive economic downturns and other challenges, which will help small businesses and those who deal with them. If you would like to know more about the SBRA, please contact us.

James Cross



James E. “Jim” Cross has lived in the state of Arizona for more than 38 years, and has been licensed to practice law in Arizona since 1983. Jim is also admitted to practice before the U.S. District Court for the District of Arizona, Ninth Circuit Court of Appeals, and the U.S. Supreme Court. Jim is also licensed to practice in the State of Texas. Since 1989, Jim has been certified as a Specialist in Bankruptcy Law by the Arizona Board of Legal Specialization.

During most of his legal career, Jim has represented debtors, creditors, committees (equity and unsecured), trustees, asset purchasers, etc. Jim has also served as a court appointed examiner and mediator. Jim holds an AV rating from Martindale Hubbell since 1995, and in the areas of bankruptcy and insolvency practice has been ranked among the Best Lawyers in America and SuperLawyers for the past several years.

In January, 2012, Jim left his position as Chair of the Bankruptcy Department of the Phoenix law firm, Osborn Maledon, P.A., to open a non-legal consulting business focusing on loan restructuring, receiverships and related non-legal matters. Jim is the founder and owner of Cross Business Consulting Services, L.L.C.

Kara L. Stewart

Paralegal/Office ManagerFollow
Kara Stewart is an Arizona native who holds a Masters Degree in Business Administration, a Bachelor of Arts Degree in Business Management, and is an Arizona Certified Legal Document Preparer. Kara has been working in the legal industry here in Arizona as either a secretary, paralegal, or both for more than 20 years. Kara previously worked with Jim Cross at the law firm Osborn Maledon, PA, and rejoined him at both Cross Business Consulting Services, LLC and Cross Law Firm, PLC in 2016.

Why should I choose Cross BCS to serve my business during tough financial times?

While virtually all of our competitors are dominated by former accountants, we are one of the few, if not the only, consultants in this field that provide an extensive and deep resource of legal background and business acumen.

This skill set enables us to provide our clients with a unique problem solving approach unmatched by others in the industry.


State of Arizona Supreme Court

United States District Court, District of Arizona

Supreme Court of the State of Texas

United States Court of Appeals for 9th Circuit

United States Supreme Court


State Bar of Arizona

State Bar of Texas

American Bar Association

Maricopa County Bar Association

Federal Bar Association

National Association of Bankruptcy Trustees

American Bankruptcy Institute

State Bar of Arizona Board of Legal Specialization


The Best Lawyers in America®

  -Bankruptcy and Creditor-Debtor Rights Law.

“Best Law Firms,” U.S. News and World Report®

  -Metro Phoenix-Bankruptcy Litigation-Tier 1.

  -Metro Phoenix-Creditor/Debtor Rights- Insolvency & Reorganization Law-Tier 2.

SuperLawyers® Magazine

Martindale Hubbell AV Rating since 1995


We take the time to meet with you to understand your business and its challenges. Our team approaches each project with the goal to help you focus on the cause(s) of the challenges faced.


Once the issues/challenges are determined, we work with you to develop a sound plan and strategy to attack the problem and return the business to profitability. We also provide honest and candid assessments of which direction we feel is best for the business to pursue.


Once the proper strategy is agreed upon, we work closely with you and your other professionals (accountants, lawyers, etc.) to implement the plan and see it through to fruition. We provide our expert guidance through every step of this process. Our mission is to exceed expectations and that is exactly what you can expect when you choose CBCS to assist your business.

Our Network

Having lived in the valley for over 35 years, we’ve been able to forge professional relationships with the valley’s best accountants, legal experts, and financial professionals.

Contact Us

Contact Us

We are located on the 11th floor of the BMO Tower

Viad Tower

Please contact us through the contact form or the information below.

1850 North Central Avenue Suite 1150 Phoenix, AZ 85004

(602) 412-4422