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10-28-2016, 11:16 PM #1
Deal with Payment Adjustments
Hey guys, I have a client who has had his payments reduced/adjusted to "help him out for a bit." Obviously, this action has resulted in declines pretty much everywhere. He has 3 current advances totaling $180k and has revenue of $200k monthly. Personal bankruptcy that just discharged in February. We were going for a consolidation initially, but he called today and said he can't wait and needs funds as soon as possible. Not sure what to do, and not sure if it's even possible. Should I just throw the deal away? Would appreciate any friendly advice. Thanks in advance.
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