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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Business Debt Restructuring

When a company has more debt than it has income, it can find itself in an overwhelming situation, and could even face bankruptcy. When that happens, many other problems can arise. Performing some business debt restructuring is a better solution than bankruptcy. In business debt restructuring, a company’s debts are assessed, then the best way to pay creditors while keeping the business functioning is found. Business debt restructuring involves reorganizing overdue accounts so creditors can be paid strategically without having to shut down the company or file for bankruptcy. Business debt restructuring is one of the best ways to avoid bankruptcy.

When a business files for bankruptcy, it is not necessarily the end of its problems. Filing for Chapter 11 these days is a precarious event because of the 2005 laws which are geared towards forcing businesses to meet their financial obligations rather than offering legal protection. The business owner then has to face court proceedings that make it harder for businesses to get back on their feet again. Utilizing business debt restructuring can prevent a court appointed attorney from taking over the business, and examining its books. A business debt restructuring process is friendlier to businesses who have found themselves in a delinquent debt situation. Business debt restructuring can alleviate financial distress.

American Finasco has just the right people who can help with business debt restructuring. With its Debt Resolution Plan, business debt restructuring has never been easier. American Finasco helps companies of all sizes facing a possible bankruptcy. A good business debt restructuring plan is the best way for a business to get out of debt, keep its creditors satisfied, and continue running.

If a company is forced to deal with litigation, American Finasco can help with that, too. Our National Attorney Network can help lower legal fees using a flat fee schedule. Also, American Finasco steps in and manages the debt, eliminating harassing phone calls creditors and their agents are known for making. American Finasco will inform the creditors that they are the ones handling the debt and field all communications.

Business Bankruptcy | Debt Counseling | Business Loans | Small Business Debt Consolidation

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