Business Debt Settlement/ Creditor Loan Workout
Experts warn that using a debt settlement company can be a costly, risky alternative. Meanwhile, a DIY settlement plan may work, but it can be tough to carry out. I highly recommend obtaining an attorney for debt settlement with regards to business or even personal debt. As a former Bank attorney I can tell you first hand the results you can obtain with a debt settlement attorney, as opposed to a debt settlement company are astonishing. Attorneys are able to obtain settlements for pennies on the dollar, while most debt settlement companies are simply restructuring the debt.
According to the U.S. Small Business Admininstration, roughly 50 percent of small businesses fail within their first five years, largely because of insufficient capital, poor credit arrangements and too much debt.
We have successfully settled millions of dollars in business debt owed. We have had clients on the verge of business bankruptcy and business failure that were able to completely resurrect their businesses once the settlements were complete. Call our office today to up a free consultation on how business debt settlement/creditor loan workouts resurrect your business.