Quote Originally Posted by 8FigureFunder View Post
Is Debt restructuring the same as going to a debt settlement lawyer? If not, what companies help with debt restructuring?
They are similar but not the same, with debt restructuring we are only going after the term they have to pay back rather than with settlement where they try to reduce the debt amount. The savings achieved are similar your merchant saves 50-70% a week in payments. The total cost however is far less with restructuring and it moves far faster, I typically have new agreements from the lenders in the span of a week, whereas with debt settlement the client will pay fees for 1-3 months before the settlement company even picks up a phone to call a lender and attempts to settle. The lenders also get paid off in full which keeps them as happy as they can be in this situation. To my knowledge, the only person offering debt restructuring on this forum for MCA's is my firm feel free to give me call directly.