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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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Small Business Bankruptcy

Small Business Bankruptcy Can be Avoided

[Posted on February 2]

In this current economic climate it is incredibly difficult to try to stay afloat, especially when you have plenty of debt.  Debt is usually a major factor for many small businesses to outright fold or file for bankruptcy.  However, if you are looking for an effective strategy to reduce debts, get back on the right track to success and avoid small business bankruptcy American Finasco can help.  American Finasco has been helping all sorts of businesses, no matter what kind of debt situation they are in avoid small business bankruptcy and once again succeed.  We are confident that we can help your business as well.

Avoid Small Business Bankruptcy Now
One of the many considerations that small businesses make when they realize they are up to their neck in debt is small business bankruptcy.  While bankruptcy can be a solution for those in debt with no more will or the right fundamentals to succeed, if you are desperate to save your business, you can be doing your business a big disservice by filing for bankruptcy.  Yes, bankruptcy is a way of immediately reducing debt and getting a clean slate or fresh start, but with the new bankruptcy laws that took effect a few years ago, the laws now definitely lean to the sides of the creditors.  In addition, if you have even a small amount of personal debt tied into your business the courts can usually require you to also file for personal bankruptcy. 

Another downside of filing for bankruptcy is that you can expect to pay a lot for filing and legal fees- maybe even more than if you would have negotiated debt down in the first place.  And while in bankruptcy, your business will usually fight to stay alive due to the rigid control of the courts.  This is the time when flexibility is most important.  If you are looking to avoid small business bankruptcy, American Finasco can help with a wide selection of resources and strategies

American Finasco Offers Plenty of Resources and Strategies
With over 20 years of experience, American Finasco has helped thousands of businesses reduce debt quickly and get back on track to profitability.  We have succeeded, because we offer a wide variety of resources and strategies that have been proven to work time after time including: debt consolidation, debt negotiation, debt counseling, debt restructuring, business loans and much more.  We have seen just about ever conceivable debt situation and we are confident that we can help with yours.  For more information regarding our small business bankruptcy services, please contact us today directly.

 

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