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How Debt Restructuring Works
Our Debt Restructuring Program provides a viable option for businesses
that have a serious debt problem. These are companies that have at least
$15,000 of debt that is over 90 days old. Rather than closing their doors, our program gives these
businesses the opportunity to restructure their debt; thus helping them
pay their creditors and stay in business.
The process through which we restructure a business's debt is both
effective and fair. We develops a plan that debtors can afford and
creditors will accept. To accomplish this, the debtor's ability to repay
on a consistent monthly basis must be established. The presence of any
liens, lawsuits or judgments is also important, as is the amount of
secured and unsecured assets. |
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