In today’s rapidly changing economic landscape every company has to look at what they do, how they do it, and what needs to be done to survive. For some companies, even the most successful ones, cash flow has become a major issue. Often that cash flow issue stems from your Accounts Payable. Now is the time to consider corporate debt restructuring.
People often recommend solutions such as bankruptcy for a struggling business. However due to the 2005 bankruptcy law changes put into place; this choice has become much more complicated and costly 債務重組. The SBA estimates over 40,000 businesses close or file bankruptcy each month in the United States and 3/4 fail due to cash flow or sales. During these tough times freeing up cash could be the key to keeping your business from becoming a statistic. Rather than talk about how you have to work on this while your creditors put their plan into motion, call a trusted and experienced corporate debt restructuring company and let them put a plan into action for you that will get your business back on track.
Corporate debt restructuring companies can help by getting your accounts payable under control. When looking for a restructuring company be sure to ask to see examples of their methods, work, and past savings. Experienced corporate debt restructuring companies can help reduce accounts payables by up to 90% and release all future liabilities. Explore this simple solution to your accounts payable crisis.
A good debt restructuring company can remove the burden from you and your company and negotiate to get these accounts paid while allowing you to focus on making your business successful. Finding a trusted corporate debt restructuring company that will also make sure all paid accounts are finalized with no remaining balances or further hassles is key, and should all be done with minimal upfront administrative fees and should have flexible billing options uniquely structured to clients needs. This is what makes a trusted and experienced corporate debt restructuring company unique.
Over the past decade, debt settlement has become an extremely popular method of debt relief. However, due to rampant fraud, new FTC regulations, and shortcomings in the negotiation process, it has lost many of the benefits that once made it so advantageous to indebted consumers. Now, it appears that an emerging debt relief option will finally put debt settlement to rest.
The new program that looks like it will render debt settlement obsolete is called debt restructure. It’s essentially an evolution of its predecessor. The difference is in the way the program works. Basically, debt restructure has corrected the flaws that hindered consumers from successfully completing debt settlement programs in the past. Before discussing the details of this new program, first consider the inherent problems that it had to overcome.
Apart from the bad business practices that plagued the debt settlement industry over the years, there was another major hitch in program’s viability. The problem was with the nature of the negotiation process. In this process, consumers withheld payments from their creditors until they were able to save enough money to offer a settlement. This could take anywhere from several months to many years. Obviously, creditors did not take kindly to not getting paid for such prolonged periods of time. The resulting consequence was that the creditor would often file a lawsuit against the delinquent consumer.
Creditor lawsuits became a huge problem for consumers who had almost no money to litigate on their behalf. Furthermore, the threat of lawsuit frightened many people from their enrollment before they could complete the program. For obvious reasons, this was problematic. Not only were many consumers unsuccessful due to creditor lawsuits, but their testimonials deterred many more people from enrolling in similar programs.