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Category Archives: Secured Bank Loans
Saving a Job and a Home
A client of Second Wind recently came to us with a unique problem. They were on the verge of losing their home and business because they were one in the same. This client lived and worked in a hotel that … Read More
Another Successful Offer in Compromise – Over $1,000,000 in Debt Forgiven
This client owned a national food manufacturing company. They turned their lifelong hobby into a business that initially showed signs of success. Unfortunately, as the market crashed in 2008, consumers stopped spending money on the type of high end foods … Read More
Recent Success in Avoiding Receivership
A new client recently came on board at Second Wind with an immediate issue. The bank was coming down on the company hard and the banks representatives were hell bent on sending a receiver into the business within days, which … Read More
What exactly happens to an SBA loan when you file for bankruptcy?
This is not intended to be legal advice, see an attorney for that, but as businessmen we must always consider the implications of many legal acts before we see the attorney, and thus must be free to discuss general concepts. … Read More
My New Year’s Greeting And Instructions To All Small Business Owners
DO YOUR WORKOUT IMMEDIATELY! Here is why… Despite the small advances our economy has made, and despite the possibility that your business has stabilized, reached bottom, or maybe even picked up a little, a few truths are clear: 1. Our … Read More
Posted in Debt Workout, SBA Loans, Secured Bank Loans
Tagged: china, debt workout, europe, middle east, recession
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