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Nevada small business debt settlement involves a renegotiation of what you owe a creditor to a lower amount. Small business debt settlement can get you out of debt without bankruptcy.
PandA Attorneys have been negotiating business debt for a combined 40 years. We’ll negotiate with your creditors to reduce the amount you owe. This is very different from debt consolidation or even credit counseling who’s goal is to lower interest rates or payments.
Your PandA Law Firm attorney will LOWER THE AMOUNT YOU OWE your creditors. Typically, you’ll wind up paying back 30% to 50% of the total balance. (results may vary)
Most small businesses are financed with personal debt and/or business debt that is personally guaranteed (which means it’s not discharged in a business bankruptcy – personal liability remains.)
Inflation in product prices and wages are hurting small businesses. Debt negotiation can be an alternative to closing the business because creditors want to get paid and have a better chance if your business succeeds. They’re happy to work with PandA attorneys to lower balances and interest rates, and to lower payments or accept a lump-sum settlement.
Get Your FREE Phone Consultation with our Small Business Debt Settlement Attorneys
If your business debt is getting out of control, call us today at 702-818-3888 or fill out the contact form below to schedule your free phone consultation with one of our attorneys!
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