Testimonials

From the President of a Gift Catalog Company in MD

I would like to extend my appreciation to American Finasco for the outstanding results of the service that was provided to my company. I discovered American Finasco through their website during my search for an organization that assisted commercial businesses experiencing financial distress. We assigned 127 creditor claims that totaled $315,643.00.

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Accounts Payable Problem

Business owners do not set out to fail. Success is the main goal for any business whether it is a local Mom and Pop store to a Fortune 500 corporation. However, some business owners run into situations where they end up owning more to creditors than they are taking in. This is sometimes referred to as an accounts payable problem. Small businesses that run into an accounts payable problem sometimes file for a small business bankruptcy. Corporations can have the same problems, although on a larger scale, and they sometimes have to file for a corporate bankruptcy. Neither of these options are very promising, considering that bankruptcy is no longer the easy way out.

In a bankruptcy situation, sometimes a court-appointed trustee assumes control of the business, and its books. This can mean a lot of additional headaches for business owners facing an accounts payable problem. The courts will then decide on the reorganizing and liquidation of any of the business’ assets. Since the courts are involved, that means having to show up in court and paying legal fees on top of everything else. Business that have an accounts payable problem could be looking at paying more than they ever imagined to get out of debt, plus the emotional strain of having to deal with the judicial system.

Fortunately, businesses that have an accounts payable problem have hope thanks to American Finasco, Inc. Through their Debt Resolution Plan, a lot of worries connected with an accounts payable problem can be reduced, or even eliminated. If a business has to deal with the court system when facing an accounts payable problem, American Finasco, Inc. can help cut those costs down drastically through the use of the national Attorney Network. This organization works on a flat fee schedule, so there are no surprises. Filing for Chapter 11 or Chapter 7 bankruptcy can cost up to $50,000 just for a small business. Through American Finasco, Inc’s plan, those cost can be reduced. They understand that there is no point in going into debt to get out of debt. They also inform creditors that they are handling the situation and that can stop many of the harassing phone calls, emails and letters that come with an accounts payable problem. American Finasco, Inc. takes the lead for businesses that have an accounts payable problem that has led to possible bankruptcy. They can even provide a way to avoid bankruptcy in certain situations.

Other services provided by American Finasco, Inc. for businesses with an accounts payable problem include debt consolidation, debt counseling, debt management services, debt reduction and debt settlement.

An accounts payable problem can lead to business owners having a bad mark on their credit for a long time. It would make it more difficult to start over. With the staff at American Finasco, Inc., business owners need not fear an accounts payable problem being the thing that ends their hopes of ever running another business. American Finasco, Inc. can be the helping hand needed in an accounts payable problem situation.

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Stephen Wright and Guest Mitch Vicknair, American Finasco - Price of Business