10:00 am - 7:00 pm

Our Opening Hours Mon. - Fri.

 

Business Debt

Business Debt Law Group > Business Debt

6 Debt Restructuring Strategies That Consolidation Companies Won’t Mention

businessman arranging wooden blocks with letters to spell the word debt

With the current slowing of many industries due to the pandemic, there is a good chance that your business cash flow has slowed as well. You may be in a difficult situation where you are no longer able to pay for your merchant cash advance debt. Maybe your cash flow is solid, but you did not realize the merchant cash advances you accepted would make such a dent in your daily cash flow. You’ve searched the internet and found various companies that say they offer merchant cash advance consolidation programs. But, what are these programs? What is a Merchant Cash...

Continue reading

How Small Businesses Owners Can Protect Their Personal Assets from Business Debt

businessman-holding-small-cardboard-cutout-umbrella-over-miniature-bundles-of-money-to-symbolize-protecting-your-personal-assets

If you don't properly protect your personal assets, which you have worked very hard to accumulate, those assets can be lost very quickly as a result of a judgment or possible bankruptcy. Fundamental asset protection begins with implementing affordable, solid, reliable strategies and exercising good fiscal and business habits. There are laws on the books affording measures that you can easily implement to provide you with a great deal of protection in the event of a claim or lawsuit. Bad things happen to good people all the time. You do not necessarily need to be irresponsible or negligent to be...

Continue reading