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FREE CONSULTATION: 1.800.213.9968 |
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Superior yet Affordable Business Debt Reduction
Commercial debt restructuring that helps you Stay in Business.
According to the SBA, each month approximately 40,000 businesses go out of business or file bankruptcy. Bad economies can endanger your company with uncontrollable corporate credit card debt, outstanding receivables, a shortage on cash flow, or past-due loan payments. But whenever financial disaster strikes, our commercial debt restructuring experts aim to help your company stay in business.
Playing roulette in not paying your corporate debt can compel creditors to seize your business assets and force your company out of business. If you are having difficulty paying off vendors and creditors, and you are determined to avoid corporate bankruptcy, our business debt reduction program may be a suitable fit. As a Debt Free League business client, YOU CAN:
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Reach mutually agreeable corporate debt settlements with creditors |
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Drastically reduce outstanding business loan balances |
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Avoid business bankruptcy while maintaining control of your daily business cycle |
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Avoid unnecessary legal fees, settling debt without costly attorneys |
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Create a manageable, affordable monthly payment to repay your creditors |
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Increase cash flow to make your businesses more profitable |
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Save BIG settling creditor claims and lawsuits out of court |
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Convert delinquent vendor invoices and leases into favorable settlements |
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Prevent the seizure of corporate assets and business inventory |
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A Superior Business Bankruptcy
Although Chapter 11 business bankruptcy allows you to run your business, it may not be your best solution . It can cause you to lose control of daily business operations. It does not give your company an immediate turnaround. You may have to attend ongoing court hearings regarding the operation of your company. The bankruptcy court will require you to make your company profitable and require you to regularly file tax returns and company status reports. The stigma of filing for Chapter 11 business bankruptcy bears a heavy socioeconomic price. It is a matter of public record that remains on credit reports for up ten years. Your long-term label as a business bankruptcy filer can make you look weak and inept before customers and peers in the business community. Employees may want to take flight fearing the loss of their jobs, requiring you to incur more expenses to hire and train new staff. Normally, the steep costs of Chapter 11 bankruptcy heavily outweigh commercial debt restructuring. The costs involve paying an attorney a $200-$500 hourly rate and the set up of a reorganization plan and a corporate debt repayment plan. In the reorganization plan, once you convince the court that your company can turn around and show a profit, you need to present a debt repayment plan outlining a budget to repay creditors. And you can easily incur tens of thousands in court and legal fees. Plus, if creditors dispute the reorganization plan, you can incur additional legal costs into the figure range. But, our business bankruptcy alternative helps you restructure commercial debt more economically. Additionally, you can maintain total discretion and autonomy in continuing to run your company.
Business debt elimination that Makes Sense.
Here at Debt Free League, we provide a smart commercial debt modification strategy that helps your business save vendor relationships and become more credit worthy. You can count on us, even if you have account payables that are 90 days past-due and the collection threats have intensified. Our focus is to structure a commercial debt repayment plan that works within your budget and conveniently settles your debt.
People at Debt Free League are more that commercial debt settlement experts. They also listen to your business needs and are poised to help your company turnaround fast and affordably. We can provide you superior business debt reduction on a variety of corporate debts:
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Commercial loans |
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Corporate credit cards |
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Overdue account payables |
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Vendor contracts |
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Business Leases |
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Personal guarantee business loans |
At Debt Free League, we feel it's never too late to restructure your business debt. We've helped numerous business clients reach a net savings on commercial debt settlements, even after an account has manifested into a creditor lawsuit or judgment. Ultimately, our loss mitigation strategy helps prevent dealing with time-consuming collection activity and the loss of valued business assets.
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PROTECT YOUR BUSINESS! CALL US: 1-800-213-9968 |
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