Click To Call

Business Bankruptcy Help

Business Bankruptcy Help

Many small businesses are drowning under excessive debt worsened by diminished revenue and will not be able to continue without some form of relief, thus they contemplate bankruptcy.

THERE IS AN OPTION!

A well orchestrated debt workout program, which can preserve your assets and rid you of most of your debt, leaving you in control of your destiny and the results, as opposed to a liquidating court ordered receiver who earns off your demise and liquidation.

  • - There is no reason secured debt cannot be reduced to minimal paybacks, and unsecured debt eliminated completely.
  • - Personal guarantees can also be reduced to nominal payments in exchange for a release and even unpaid payroll taxes and SBA guaranteed loans in default can be reduced to small affordable loses paid over time and thus affordable.
  • - The business can be preserved, although re-organized, and you can get the second chance you need and deserve.
  • - In view of declining real estate values you are better off entering into a workout negotiation with the mortgagor, your lender, then going into bankruptcy which may preserve your home but also preserves your debt, postponing the inevitable, liquidation, for a brief time period, but ultimately you are likely to lose it as the debt is simply too high to afford and more then the house may be worth.
  • - The issue is the excessive debt and it must be significantly reduced or eliminated, not adjusted or modified. Interest only is meaningless, even a reduced interest rate is ineffective as the debt is the killer and unless it is reduced dramatically there is no real relief available.

The real point is, that under our legal system, in which the banks and creditors are completely protected the only option is a bankruptcy which is also controlled by the same legal system and always results in a win for the secured creditors and a loss for the borrower. If the battle front is moved to a business negotiation, a workout strategy, the results can be stunning…for the defaulting borrower.

 

The point is, if your core business is viable, can operate profitably without the debt, then you must evaluate this option, it could be your salvation, as it delivers the second chance you truly want, by reducing the debt.

 

Sign up the form today for debt forgiveness, debt workout review.

 

Or call 413-584-2581 and Norm will arrange a no-obligation teleconference for us to discuss your options.

Request a Consultation

Please provide some basic information regarding your situation.  A representative of Second Wind will be in contact with you within 24 hours to set up a free 1 hour consultation with one of our experts.  If you are ready to begin, don't hesitate to call us at 866-600-9080 and speak with Norman to set up a consultation today.

*
*
*
Submit

* Excerpt from our corporate confidentiality policy statement:

Regardless whether or not they are, or become, a client of our office, anyone who calls us for advice and council, or who responds to our outreach activities, is given the courtesy and protection of a client and has our corporate assurance of complete confidentiality.

Any and all information shared with us is held as being privileged and confidential, it is never shared -for any purpose- with any third, or outside, party without the express permission of the caller, or respondent.

We do not build, use, or traffic in, commercially traded marketing lists.