Business Debt Relief Lawyer in New York
Helping Business Owners in New York Get Out of Debt
Running a business takes a lot of capital. In these stressful economic times, many businesses are finding themselves in debt just to keep their doors open and continue meeting customer demand.
As a business debt relief attorney, Attorney Robert Jacovetti can help to improve your finances as you pay back your business debts. Not every business faces the same financial challenges, but our firm is prepared to help with an array of commercial debts in New York and other states.
Discuss your situation with our knowledgeable business debt attorney today by calling (516) 217-4488 and requesting a free 30-minute initial consultation.
How We Can Help Your Business
Our business debt relief team can help you find a way to pay back your debt with terms you can afford, often a lesser amount than what the creditor claims you owe. Our goal is to save you from bankruptcy or a failed business.
We routinely handle business debt relief cases involving:
- Business loans
- Merchant cash advances
- Purchase and sale of future receivables
- Frozen bank accounts
- Locked-up merchant accounts
- Personal guarantees
- Confessions of judgment
- Business credit cards
- Equipment leases
- SBA loans
- Business lines of credit
- UCC liens
Business Credit Cards, Lines of Credit, and Unsecured Loans
Banks and lenders may try to collect on business debts by putting your handing over your account to third-party collection. Usually, the borrower signs a personal guarantee that allows the lender to pursue the business owner themselves for repayment of the debt.
When coming to a pre-litigation settlement, the borrower will show interest in resolving the debt. This may lead the lender to keep communication open and defer the litigation route. If a settlement is reached, the borrower may avoid a business loan lawsuit and may see a reduction in the principal, interest, or fees originally in their loan.
What If I'm Being Sued Over a Business Debt?
Lenders are quick to file claims. It is important to stay informed about your current position. When a lawsuit is filed against you, it could take a long time to resolve the matter. If you have a lawsuit against you or your business, but you do not have time to go through litigation, our New York business debt attorneys can help reach a settlement.
Settlements take place outside of the courtroom, where both sides agree to a specific dollar amount to be paid, saving time and money.
What Happens If I Hire Your Firm?
If your company or business is struggling with debt, our firm wants to help. We will start off with a free 30-minute consultation, where we can assess the exact issues your business is facing. Each business is unique, and we want to make sure that we cater our services to your specific needs.
After an initial consultation, we will discuss what options may be available for relief and what options may be best for you. Finally, we will decide which course of action to take, and we will immediately call any lenders or creditors to negotiate a settlement. Our business debt lawyer is here to assist you and take the pressure off the constant collection calls and notices while you focus on operating your business.
A very professional company!- Joel
HAVING PROFESSIONALS SUCH AS YOUR FIRM IS WONDERFUL- Miguel O.
I am very happy with the settlement that Richard attained for me- Ronald W.