You need a period of time to formulate a plan and then start to enact the plan without the constant pressure associated with your old debts. It is of paramount importance that we use every and all avenues available to protect your business and personal assets. You want them bulletproofed against seizure from court judgments, and you have to build a cash reserve to settle your existing debts for as little as possible while maintaining your ongoing operation.

Creditors should know, and if they don't we'll help them to understand that few will benefit if your business files for bankruptcy, or worse yet simply closes its doors. 

A Chapter 11 reorganization can cost over $50,000.00 in up front fees. It serves no ones best interest particularly your creditor's to give money to a bankruptcy attorney, when it could be better used to settle their debt at cents on the dollar. Something is better than nothing and in a Bankruptcy the attorney becomes your biggest creditor, and worse yet he is secured so he get's paid before anyone. A trustee is also well paid for his duties and he generally receives a percentage of what is collected on the business, he also watches over your shoulder and the court controls the whole process. Usually the end result is your cash situation is worsened by a Chapter 11 due to all the fees associated with it and the business is forced to file for Chapter 7 anyway. It is far better if you can voluntarily work out your business problems with your creditors. They will receive something and have to opportunity to continue to make money off of your newly restructured company in the future. By working voluntarily towards a resolution you will also avoid having friends and business associates read about the bankruptcy in the newspaper.  

We work with you and your creditors to achieve a win, win result in which they receive something on the existing debt, you stay in business and provide lifetime value to your creditors by continuing to do future business with them. The biggest benefit to you is your ability to remain in business and have a profitable future.

This is your opportunity to apply the lessons that you have learned and to go forward to  build the business that you always dreamed you would have. We cannot change yesterday but by working together we can change today and tomorrow for the better.