How Does The Process Work?Commercial Debt Counseling is dedicated to helping businesses struggling from the pressures of debt succeed to achieve financial stability and success. While there are many issues in the process of a company turnaround, Commercial Debt Counseling works on one of the most important issues: increasing cash flow for your business. We do that by restructuring all types of extending business debts from business lenders, corporate credit cards, vendors, creditors, suppliers, collection agencies, or attorneys. At the same time we are increasing the cash flow of your business, we work to maintain relationships with key suppliers and vendors.
If your accounts are already delinquent, we can step in immediately to help give you the peace of mind you need to focus on your business instead of creditors. Our focus is on reaching out-of-court resolutions that work for your company.
How Your Business Benefits Commercial Debt Counseling begins the process with an analysis of your company, debt situation, and cash flow and also a complete understanding of the history, present, and the future goals of the company. Based on this information Commercial Debt Counseling initiates the restructuring process where we serve as the point of contact, freeing you up to run your business.
You decide which creditors you wish to pay. You decide how much you can afford. And you pay back your creditors based on a budget that your business can afford.
Learn how we can help your company avoid bankruptcy and resolve its business debt situation.
Comparison With Bankruptcy Bankruptcy is the last option and typically the worst option a struggling business can make. In addition to being a very stressful action emotionally, there are a variety of other negative ramifications:
The bankruptcy process typically involves attorneys, trustees, the courthouse and other institutions. It may take up to or more than a year of your valuable time plus considerable expenses from the business. During this time, you effectively give up control of your company to the court and the court appointed trustee.
In addition, in many cases bankruptcy is not an option. Due to tighter bankruptcy laws, the act of filing bankruptcy may cause you to lose your business or personal assets, as well.
The most long term negative result of bankruptcy is the mark it leaves on your credit. As a business owner, you may need credit in the future. By having filed bankruptcy, you have shown future creditors that you will walk away from your debts. This signifies an increase in risk for lenders and may result in denial of future credit, or if available, at much higher interest rates.
A much better alternative is Business Debt Restructuring where we work with your creditors based on your budget to save you as much money as possible as well as get your debts resolved as quickly as possible. The goal is to enable you to focus on and grow your business while we work with your creditors.
Apply to save your Company now.
http://virl.ws/s/PwB*If you are considering bankruptcy, you should speak with a bankruptcy attorney.
