New Britain Small Business Debt Relief
New Britain, CT small business owners often confront increased debt burdens that can overwhelm business profitability and threaten personal finances. Many businesses face the detriments of reliance on high interest credit card debt and personally singed consumer loans used to finance their struggling small business. These types of credit can quickly drain even the best of small businesses. Mistakes can happen quickly and easily. Solutions often require the qualified assistance of attorneys with the depth of knowledge necessary to analyze business problems and develop a proven plan for business debt relief and robust profitability. Your business deserves the best legal representation possible.
At the Law Offices of Neil Crane, we've been providing powerful legal options for small business financial problems since 1983. We have the understanding and commitment to put your business back on a path to success.
Financial Problems at Work Cause Problems at Home
There is a strong and sometimes complex interconnection between business debt and personal finances. Many business loans are directly or indirectly connected to business owners' personal assets and liabilities. Understanding and navigating the connection between business and personal debt requires specialized legal counsel with a full range of knowledge and experience. All business solutions require a full examination and plan for protection of business and personal assets. All successful reorganization plans must:
- Protect personal assets from business debt
- Relieve personal debt problems of owners and insiders
- Relieve overwhelming business debt
- Allow for going continuation of your business
- Protect necessary business assets from all types of debt
Each customized business reorganization needs to address the unique personal needs of small business owners. We can advise you on a variety of debt relief options based on 30 years of experience in providing answers to small businesses and their owners.
Addressing Different Forms of Business Debt
Different kinds of debt need to receive specific and differing types of treatment. Understanding the legal aspects of debt prioritization assures appropriate treatment for varying obligations. The appropriate handling of various types of debt requires hard choices based upon limited resources. Business debts often include:
- Unsecured debt/Credit cards
- Business debts and lines of credit
- Collateralized secured loans
- Vendor and supplier debt
- State and federal taxes
To obtain a prompt examination of your business financial problems and the best avenues for success, seek the early involvement of experienced and specialized small business debt relief attorneys with a history of success. Call us at 203-230-2233 or toll free at 1-888-249-3027, or fill out our Contact Form.