Chapter 13 is one of the most used chapters for filing bankruptcy. Though it is a tricky chapter, many debtors have no option but to use this chapter when their income doesn’t allow them to file bankruptcy under Chapter 7.
Debt settlements and declaring bankruptcy are two common methods of dealing with lack of credit in your bank account. Basically debt settlement means hiring a debt settlement company to negotiate with the creditors the pending debt amount and reach a settlement which is much lower than the initially agreed percentage.
CASHFLOW is the LIFEBLOOD of EVERY single business and countless surveys by banks and accountancy practices have all confirmed that poor CASHFLOW kills more business than any other single factor. DEBTORS appear on any business’s Balance Sheet as an Asset of that business and, as such, are obviously a good thing. WE maintain unbelievably strict CONFIDENTIALITY about both our clients AND their debtors, our integrity is provable by references from literally hundreds of businesses who have used our services, and we DO COLLECT OVERDUE ACCOUNTS every single day - sometimes from the most unlikely of slow-paying debtors. WE are professional in our approach to both our Clients AND their debtors.