AboutChristine Janklow Expertise As President of SettleSource,Inc. a business debt settlement firm, I invite you to inquire about all aspects of business debt solutions to best determine which may be most appropriate. If you have questions such as: What is debt settlement and how process provide debt relief to my business? What options are available to deal with my business debts? Is it possible for a business owner to negotiate their own settlements? Why is debt settlement preferable to filing a bankruptcy or debt consolidation? Why are creditors willing to provide settlements to a business? How will settling debts affect credit scores? or How to rebuild a business after debt is eliminated. Please ask it now! For more information regarding how debt settlement can help your business, please visit www.SettleSource.com and place your inquiry. Mention All Experts to have a confidential no cost consultation with Christine. If this is your business situation time may play a very important factor in getting matters resolved proactively before they have negative affects on the business.
Experience My expertise is specific to providing business solutions that will have profound positive impacts on the financial health of businesses. I have 25 years experience as an entrepreneur and have developed national sales programs; strategic alliances; product development; marketing programs; business and turnaround plans and debt settlement programs all providing methods to improve the financial outlook for large and small businesses.
Organizations Turnaround Management Association; Los Angeles area
Publications Los Angeles Daily News; Today Magazine Monthly series of business articles entitled "Brand News."
Education/Credentials Bachelor of Business Administration; Associate of Arts Merchandising
Past/Present Clients American Airlines, American Express, Safeway Inc., New York Life, consumer products manufacturers; retailers and service providers.
Question I was half owner of a small company that has since closed. We had a $50,000 line of credit that had my former business partner & I signed on it with personal guarantees. My former business partner has not responded to my calls about how to settle this and I think he is going to file bankruptcy. I only spoke with their collections department and they said they would not just take half to take me off the loan. What else can I do?
Thanks.
Answer Richard:
Thank you for your inquiry. I regret that your business did not fare well, and moreover that your partner has refused to take responsibility. It appears that you don't want to consider filing for bankruptcy as a means to an end. Have you considered debt settlement?Let me provide a website and free service that can evaluate your situation and make a viable recommendation for you. Please visit www.debtandcreditadvisors.com. They can assist you by providing the most appropriate options for you.
If you found this answer helpful, please take moment to rate it so others may benefit as well.
Respectfully,
Christine Janklow