Discover which debt relief companies will provide you with honest and professional debt solutions. Here you can research all your options, ask questions, and decide which type of debt solution is right for you!do you handle debt of 250K? That is business debt.
Hello. It depends on your situation. If the business debt is unsecured and falls under a corporation you formed, then it is a liability of the company and not you as an individual (unless you signed personal guarantees). If the unsecured business debt is not under a corporation but under a sole proprietorship, partnership, or other entity that does not separate the business from you personally, then a personal debt settlement company may be able to help you.
In a complex situation like this, you are probably best off finding a lawyer to help you sort out your situation. They will be able to guide you based on what you want to do. Do you want the business to survive, if possible? What are you liable for? What legal structure is your business set up as currently? Etc…Best of luck to you.
