The following are just a few of the key debt restructuring benefits.
Creditor Advantages
Creditors get paid without the added costs of involving a collection agency or attorney.
The risk of a total loss and long delays that are often associated with bankruptcy, is eliminated.
Cooperating creditors are assured that measures have been taken to prevent litigating creditors from by-passing the process or gaining a priority status.
Debtor capital, that would otherwise be spent defending lawsuits, is available to repay creditors.
A restructured solution yields more to creditors than litigation or bankruptcy, including a full payment option and unsecured creditors can become secured.
Ongoing customer relationships can be maintained (even if on a COD basis until brought current) instead of lost to a competitor.
Consistent monthly payments, selected from a flexible option plan, prevent mandatory write-offs by auditors.
Our Debt Management Program provides an immediate solution instead of the inevitable delays associated with litigation or bankruptcy.
Debtor Advantages
Collection calls from creditors, collection agencies and attorneys stop immediately.
You receive a fresh start by reducing, eliminating or restructuring all business related debt so that you can restore your business to debt free financial health.
All submitted debts are consolidated into one simple monthly payment based on what you can afford.
We negotiate to protect your company’s credit rating and buying power by re-aging past due receivables to show them current.
Free up vital cash flow resources and your time for developing the business without taking out a loan and without any personal guarantee.
Bankruptcy, litigation and critical supply line cut-offs from key vendors is prevented.
Commercial Debt Counseling Corporation's bonded financial services are guaranteed to save you money by having your debts reduced, restructured or eliminated or our services are free!