Our network of debt settlement attorneys negotiates with your creditors to reduce your payments!
Whether your business owes money to vendors, suppliers, or lenders, our experienced debt attorneys can renegotiate your terms of payment so that your business can survive. As one of the best debt settlement companies in the USA, we have successfully assisted many companies that were on the verge of closure to consolidate their business debt or modify the payment terms with their existing creditors. Let your company be the next success story of our experienced team.
Business Debt Settlement
Business Debt Settlement refers to the process of negotiation with a collection agency to accept a settlement. This settlement would allow you to pay a portion of your original debt, while the agency forgives the rest.
Commercial Loan Restructuring
Restructuring a commercial loan involves a modification of an existing commercial loan. We negotiate with your lender to change the terms of your loan. This could result in extending the repayment term, lowering the interest rate, or even forgiving part of the loan.
Business Debt Counsel
No Upfront Fees
Experienced Debt Attorneys
Difference Between an MCA and a Loan?
Commercial Loan Restructuring vs. Commercial Loan Modification vs. Commercial Loan Workouts
Commercial loan restructuring refers to changing the terms of a loan. For instance, if you have a commercial loan with a bank, and your monthly payments are too high, you can try to restructure the loan by extending the term. This would lower your payment and gives you more time to pay it off.
Why You Should Settle Your Business Debts
Settling your business debts means starting over and getting on the pathway toward rebuilding your business and your credit. Plus, you can pay off your debt in just a few years rather than decades. Hiring a debt relief attorney can be a lifesaver when it comes to settling your business debts. This can also help you to avoid bankruptcy. Overall, you’ll be gaining financial freedom and peace of mind.
Business Debt Consolidation Attorney / Commercial Loan Modification Attorney
Working with a network of attorneys specializing in debt consulting services and commercial loan modification enables you to avoid the time-consuming quagmire of negotiating with your lenders. Business Debt Counsel has been helping small businesses settle business debts for more than 20 years. Prior to starting negotiations, our attorney will work directly with you to determine what you can afford to pay and a reasonable term of payment for you. We have been able to get lawsuits dismissed, judgments vacated, levied bank accounts released, and settlements made for our clients across the USA.
I had 5 open cash advances totaling over $300,000. BDC Group worked out all of the settlements and saved me 55%!!
Cindy A - Louisville, KY
People Are Asking
What is a debt settlement attorney?
A debt settlement attorney is a legal professional who specializes in negotiating with creditors on behalf of individuals or businesses to settle their outstanding debts for a reduced amount. They provide legal advice and guidance throughout the debt settlement process.
How can a debt settlement attorney help me?
A debt settlement attorney can assist you in negotiating with your creditors to reach a settlement agreement that allows you to pay off your debts for less than the full amount owed. They can handle communications with creditors, review your financial situation, and provide legal advice throughout the debt settlement process.
Will hiring a debt settlement attorney eliminate all my debts?
Hiring a debt settlement attorney does not guarantee that all your debts will be eliminated. However, the attorney will work to negotiate with your creditors to settle your debts for less than the full amount owed, potentially saving you money in the process.