[Karen37a]

Debt Restructuring

Reduces Debt and Extends It Over a Longer of Period, with Affordable Payments
Can Reduce Debt by up to 50%
Restructure Program Can Help with Eligibility for New, Fresh Start Loan
Helps Avoid the High Cost of Bankruptcy
Bundles All Debt into One Easy Payment
See Up to 60% More Cash Flow
Lowers Interest Rates
Stops Harassing Phone Calls from Debtors
Cost Effective for Small Businesses
Helps End Litigation

https://www.fundswired.com/home/debt-restructuring/


I can see you took it down.

Just for clarity...when he is saying "corporate turnaround" that is the name of a company who does "debt restructuring" or "debt relief" "loan modifications" it all involves negotiation on the original contract to break the agreements, lower interest or cost or total dollar amount in lieu of possible bankruptcy.

People get charge hefty fees for services like this and the fees would have been better off going to the Funder to pay off the debt.

I am experienced in this because in my last life adventures in loans I offered people alternative to debt relief in the form of "advice" and "debt management" and "budgeting" to avoid the dreaded Crop turnaround people and Lawyers who are just going to take you into bankruptcy

One of the solutions is getting a new loan like you describe and lower the payments, extend out terms...A loan that doesn't require net 50.

Most people cant qualify for this as stated property must be attached..ltv or other things...credit

Attaching property to get a loan that has longer terms and lower payments is a solution for consolidation and lower payments...it doesn't reduce the debt it helps with peace of mind and liquidity cash flow.

I came from the Loan industry and cash advance is an alternative to those solutions which most cant attain.

If you are then turning the other ones over to "debt restructuring"...takes about 90 days until it gets figured out.

I personally do not like when people like that come near my merchants because they do not have more information than I do...even if you bring a lawyer to the table...he better specialize in Financial Services...not just be a divorce attorney or bankruptcy one.

Because as I stated if you do not Dot every I and cross Every T experts will know it and you can get in big big trouble. People can only take so much. Massive people were arrested in Florida for Debt Relief...massive...they did sweeps..Property seized, assets seized every broker thrown to the floor by people in swat outfits with guns...demanding "wheres your telemarketing licence" .

You get a felony for it...and the manager gets a Felony for every person in their office without a licence

[ava712]

I dont do many MCAs anymore. I do mostly real loans, not debt managemant or those modifications. I was surprised that people took the info in the wrong way. And I guess because people know more about these modifcation deals than I do.I would never under any circumstance do amodification and put business owners in a position where they are forever blackiisted.