Business Debt Relief Solutions from SJ Packman

What Are The Benefits of Business Debt Relief?

The main benefit of Business Debt Relief is to manage your company’s finances and reduce your monthly payments and total amount you owe, allowing you to save business relationships and become more credit-worthy. No matter what type of corporate debt or business debt your company may be struggling with, the Law Office of S.J. Packman & Associates offers multiple business debt relief options to help virtually any company break free from their debt.

While the different business debt relief options are not right for all, for many companies these options are ideal. If you want to pay what you owe but are struggling to do so, these options may be great for you! We can help you if any of the following are true for your company:

• You either couldn’t or didn’t want to get a loan
• Revenues and cash flow are down
• You are overextended and use credit cards to make business purchases
• You struggle to pay your bills each month
• You’re not paying yourself enough just to help the business survive
• You are already delinquent with one or more of your accounts or vendors
• Collection calls and notices are coming in
• You or another company have already tried negotiating but didn’t get results
• You want to avoid bankruptcy OR file for bankruptcy!

Whether your company is set up a as a sole proprietorship, corporation, or anything in between, we offer the debt relief choices that will help your business get its finances under control in order to improve cash flow.

What Exactly Can You Do For My Business?

We offer several different options so that our professional debt attorneys and specialists are able negotiate terms that can:

• Reduce your interest rates
• Consolidate multiple payments into one
• Reduce your monthly payments
• Make your bills fit your budget
• Reduce the remaining number of payments on your lease agreements and loans
• Reduce your outstanding balances so you literally pay back less than you owe!
• Even completely wipe out certain debts so you won’t have to pay a dime!!!

With any of our business debt relief restructuring options, you will have the ability to choose which of your accounts you want negotiated and which you do not. If there is a debt that you need to have negotiated and it is possible for that type of debt to be negotiated, then we are the law firm that can do it for you! By doing so we can help you or your business to:

• Free up extra cash
• Resolve your debt discretely
• Avoid the seizure of corporate assets
• Avoid Bankruptcy (or if you want to, we can help you file bankruptcy also)
• Keep its doors open!
• Improve profitability and put more money back into your pocket!

Without a plan that fits your budget, financial problems can spiral out of control and you can fall further into debt. If you are starting to struggle with your finances or have already fallen behind, don’t risk the future of your company by delaying causing creditors to seize your assets and shut you down! Whether you need business debt settlement, business credit counseling, business debt management or any one of our business debt relief services, you will benefit by calling the debt attorneys and experts at S.J. Packman & Associates at 1-888-314-1722 or visit our Contact Us page.

Types of Debt That We Service

Each of our clients’ debt portfolio’s contain different types of creditor and vendor accounts that need to be evaluated individually. Although past performance does not dictate future results, we have been able to achieve outstanding results on company credit cards, leases, vendor lines of credit, accounts payable and much more. We can provide your business with relief if you owe money for any of the following:

• Credit Cards, Loans & Credit Lines (whether personally guaranteed or not)
• Accounts Payable
• Vendor Contracts & Debts
• Business & Equipment Leases
• Mortgages for Business Owned Property
• Debts for Repossessed or Voluntarily Repossessed Equipment
• Collection Agencies, Debt Purchasers & Collection Attorneys
• Lawsuits, Judgments, Liens, Levies & Garnishments

We can deal with any of your business creditors or vendors for you if you are past due on your bills and even if you are still up to date on payments! We can arrange for you to continue receiving your products or services from vital vendors when they have denied you credit. If you are at a point where no further products or services are being granted even on a cash basis we can negotiate on your behalf as quickly as possible to help get your business back on track so you can keep your business open and making money. We can negotiate directly with your company’s creditors or leaseholders on your behalf and can also deal with collection agencies and attorneys as well if that is your situation.

If one or more legal actions have been taken against you or your business, we can usually negotiate a settlement without having you even step foot in a court room. If it is absolutely necessary to go to court, our debt attorneys can provide legal defense for you which can either buy time for you to gather funds to settle with or, through intense litigation and just cause, can actually result in a pending lawsuit being dismissed completely! If you or your company was sued a long time ago but didn’t do anything about it, there may now be one or more judgments obtained against. Whether there have been no post-judgment collection efforts or if the judgments are currently being collected by way of lien, levy, or garnishment, we can usually still come to some type of agreement to save you money, or at the very least unfreeze your accounts to enable you to keep your doors open!

Our bankruptcy lawyers can even help your business file for either Chapter 7 or Chapter 11 bankruptcy to rid you of your debts if we try to negotiate and are unable to come to a resolution! Simply put, we do it all!

Since it is impossible to list every type of debt, lease, contract, and circumstance that we are able to help with, if you or your business owes money for something we have not listed, or if you are ready to stop the financial bleeding, call now for a no obligation free consultation to see how we can help! With our multiple fee options you don’t have to pay us a fee until we are successful so you have nothing to lose! Call us now at 1-888-314-1722.

What is The Business Debt Relief Process?

At S.J. Packman & Associates, the first step for a restructuring is a free consultation  where your company’s portfolio of vendors and creditors are discussed along with cash flow needs and your available monthly budget.  Since we will be negotiating the terms of the current debts that you owe, neither your credit score nor collateral, or lack of collateral, are important.  

Once we evaluate your company’s needs we would determine which process or combination of processes would work best for your situation.  We discuss the benefits and drawbacks of each relief option in depth including both the good and the bad and any possible remedies that may be available to your creditors with certain choices.  

Once retained, we immediately contact any vendor or creditor to let them know of our representation and request all collection calls and correspondence be directed towards our office rather than to yours.  This way you’ll spend less time dealing with or hiding from anyone trying to collect from you and can get back to making money!

Once we take over the collection activity, we inform your creditors of your situation and, depending on which process we were retained for, will begin to negotiate on your behalf to either lower your rates, extend the terms of your current agreements, or reduce your debts down to a fraction of what you owe.

Sometimes we negotiate with one creditor at a time and other times we negotiate with multiple accounts at once.  Sometimes we need to get right down to negotiations and while others we need to stall to buy time for you to accumulate funds to use for negotiations later on.  Sometimes we are able to negotiate politely and others we need to play hard ball.  We know which tactics work and which ones don’t.  We know when to call, who to call, what to say, and more importantly what not to say…all in order to save your company as much money as possible!  

All of our negotiation options, with the exception of Chapter 11 Bankruptcy, offer you complete control and the final say.  Once we are satisfied with a potential negotiated offer with a vendor or creditor of yours, we contact you to discuss the terms and conditions.  Only if you want to accept the offer will all details be obtained in writing and reviewed by a lawyer to make sure that the terms of the release are drafted up properly.  If so, it would be sent to you with step by step instructions to ensure it is paid off properly.  After an account is paid off, we obtain the necessary documents so you’ll have proof for your records and for credit reporting purposes.

If your company is struggling to pay the bills, put our process to work for you.  See if either debt consolidation,  debt management, debt settlement, debt restructuring, or bankruptcy for your business, can benefit your needs.   CALL NOW!!  1-888-314-1722.

Why Choose S.J. Packman for Business Debt Relief?

Debt is our specialty!  Other law firms offer debt relief...we specialize in it!  We do not offer any services that aren’t strictly related with clients that are struggling financially so our clients have unique needs, compared to those of other law firms, that we can cater to.  We offer all debt relief options and we service our clients like family.  You should never settle for less when trying to settle for less!  

Lower Fees – Since our clients don’t have tons of money to spare like attorneys that practice in other areas of law, we charge low fees making our services affordable for any business that needs help.  Unless your case involves one of our attorneys having to go to court, our negotiation service fees are performance based not charged hourly.  

Fee Guarantee -  We get the job done and are that confident of our ability to help with any situation you can throw at us that  we offer a money back guarantee on our business debt negotiation services so we either will save you money or you will not pay us! (*court appearances not included as they incur hourly charges) 

One on One Client Service – All of our client relationships are One on One.  You’ll have one individual client service representative that will be your point of contact and you’ll build a relationship with them so they’ll know exactly what you are going through.  Aside from treating you with the upmost care possible, this means you won’t have to deal with multiple people and re-explain your situation to a different person each time you call.  This saves time for you and eliminates any extra stress for you as time is money and being stress free is just as important as being debt free!    

Client Service Response Time - All of our attorneys, negotiators, and accountants, are all dedicated to providing the best possible experience, while achieving results.  We are available long hours but should we happen to be un-available for any reason we pride ourselves on returning calls and emails right away, not several days later like most attorneys.

Our Reputation – Many companies do nothing for the high fees they charge.  We have heard many horror stories.  These companies aren’t proactive, they put no effort into negotiations,  they don’t even return calls from collectors!  These actions cause collectors to seek other measures to collect, often meaning lawsuits.   We typically work repeatedly with the same companies and are known for resolving accounts so therefore have a great reputation with industry creditors and collectors.  This benefits your business when we contact these companies on your behalf, they know the accounts will get resolved and therefore we are usually able to avoid legal action! 

Collection Assistance – Many of our business clients came to us struggling or falling behind as a result of Accounts Receivable Management issues due to their own customers or clients not paying what was owed!  If you are experiencing difficulty with your accounts receivable then you should collect what is owed to you!  We offer accounts receivable assistance and both pre-legal and legal debt collection services to our clients as an added service.  This is usually a big piece of the puzzle when helping a business get out of debt.  In this economy, bad debts are being written off and companies are shutting down and going bankrupt.  A dollar collected is a dollar earned and the longer you wait the less likely you are ever to collect! For more information on our collection services click here.

Consumer Assistance -  We have noticed many times how a business owner’s financial problems can carry over to their personal lives.  For that reason, we offer consumer debt relief services in addition to our business services, so we can work both on your business and personal debts on a comprehensive level ensuring that we can help you attain financial freedom on any front you may be struggling on.  

Other Services - Many times, when our business clients complete one of our debt relief programs, they still need assistance becoming more profitable.  While for some that means saving money on their group benefits and payroll, for others it means cutting costs on communication, networking & IT expenses.  Some don’t need help cutting costs but rather need help with advertising and sales management or need financing to tackle new ventures.  We have expanded our network of trusted companies after looking into the quality of services and reputation provided.  This network of companies offer many services designed to help businesses succeed or become more profitable.  We are happy to help our clients find these trusted companies as they can help to ensure that our clients do not become repeat clients.  CALL NOW!!  1-888-314-1722 to see how we can put our services to work for you.

 

We Can Also Help You With Chapter 11 Bankruptcy

We are happy to offer our clients the choice Chapter 11 business bankruptcy as it is a great option for many businesses that need resolution of their past due debts. Most business owners usually don’t want go the bankruptcy route and look for alternatives to bankruptcy for many reasons. To learn more about Chapter 11 in-depth, visit our Chapter 11 Bankruptcy Help page.  

Business owners don’t tend to like the loss of control associated with Chapter 11. They don’t want to hand over all discretionary funds to the court. They don’t want to deal with the possibility of ongoing court hearings that are associated with filing where monthly payments can go higher if their company starts to make more money.

Chapter 11 Bankruptcy can be costly due to the repayment plan that needs to be presented to the court trustee.  The calculations and work that go into preparing these plans take many hours to prepare and any single creditor objection can cause recalculation hours.  This all adds up to thousands in legal and court costs.  

Bankruptcy becomes public record and can also stay on credit reports for up ten years.  Many business owners want to avoid both of these as they can cause a negative image for a company that can lead to the avoidance of new vendors or creditors.  

Employees often find out about their own company’s bankruptcy filing, causing concerns and rumors to circulate, creating a ripple effect possibly resulting in the loss of critical employees who are critical to a business’ success.  

These are some of the reasons that companies wish to avoid Chapter 11 Bankruptcy and would rather work out flexible terms with their creditors instead.  The costs of other debt relief options for your business are considerably less and with our law firm’s no fee guarantee, we do not charge you on any account if we do not save you money!  You have nothing to lose but the debt that’s holding you back!  CALL NOW!!  1-888-314-1722