When debts start to pile up and lawsuits start to roll in, your business has two options: declare bankruptcy or engage in a commercial debt settlement. Cain & Daniels, Inc. can save you about half on your settlements – typically within only two weeks! After completing our short contact form, we usually start processing on that same business day!
After a debt escalates to a legal issue, many businesses wind up filing for bankruptcy: that’s when the problem truly starts. In years past, bankruptcy was an option that could be a protective measure against massive monetary laws. However, recent changes in legislature have made filing for bankruptcy more difficult than ever.
The Consumer Protection Act of 2005 and the Bankruptcy Abuse and Prevention Act has made filing a Chapter 11 or Chapter 7 extremely taxing for business owners. There is now twice the paperwork at a much higher cost – just for filing! In fact, small businesses can pay up to $50,000 for filing bankruptcy under the new laws.
Avoid that cost and keep your small business operating with Cain & Daniels, Inc., all while saving your company about half on outstanding debts and settlements. As a third-party debt representation firm, we are the line of communication between creditors and debtors. And with over 20 years of experience and over 10,000 cases settled, we’ve been on that front line of communication for a long time. This is why time and time again, businesses choose Cain & Daniels, Inc. to safeguard the futures of the businesses they’ve spent so much time growing.
No one wins after bankruptcy is filed – not the creditors and not your business. This is why commercial debt settlement is so attractive – even for your creditors! However, navigating restructuring of a debt repayment structure can be a daunting process. This is where third party representation becomes invaluable. Your creditors want you to stay in business. Closing company doors ensures that there can be no distribution of repaid debts. This is the key to finding a solution that allows you to continue moving toward your business goals without drowning in commercial debt.
We work with both parties to create a plan to reduce debt, create manageable installment payments that won’t tank your business, or both reduce debt owed and create a payment plan that allows your business to keep rolling along. Your creditors want to work with you or they risk losing the entire balance of debt owed.
Cain & Daniels, Inc. is your solution to delinquent debt, returning to a profitable financial status and avoiding bankruptcy by settling lawsuits, judgments, and past dues. Contact us today to get your business back on track!
