Business Debt Settlement Attorney in Cerritos
An Alternative to Bankruptcy
Business owners often contact our firm, Ray Bulaon Offices, asking for help in resolving serious debt-related problems. We have helped thousands of individuals to recover from financial difficulties, and bankruptcy can certainly be a viable method of debt relief or settlement. It is not always the best way to achieve your financial goals and some businesses are not able to file for bankruptcy. An alternative way to achieve your desired financial objectives may be through successful negotiation of your business debts. A Cerritos bankruptcy lawyer, who is knowledgeable and experienced, may be able to relieve your debt problems while increasing much needed cash flow in your business.
A small or large business can run into trouble with business loans, personal loans, credit cards bills, failure of customers to pay and many other problems that result in out of control debts. You may be running into harassing creditors, while at the same time trying to improve your business. We work with you to develop a plan of action to handle your creditors in way that is workable for you, while satisfying the collection actions against your business. This can free you up so that your attention is where it should be, on making your business grow and prosper.
Keeping the End Result in Mind
Through competent creditor negotiation, our intention is to reduce past or disputed debts. We can also help in the reverse, which is when you are owed money that seems impossible or difficult to collect. Many businesses are in the position of defending themselves against litigation actions, debt penalties and accumulating interest charges. These just increase the very problem that needs to be solved.
Our process starts by looking over the entire picture of your business, how it is operating, the creditors that money is owed to, how much cash is required to run the business and other factors. The end result can be creditors that are pleased with your business, an increase in your cash flow and debts that are either settled or decreased.
Contact a Business Debt Settlement Attorney in Cerritos
when you require immediate, professional assistance in reducing or eliminating your business debt.