How does creditor leverage from personal guarantees and secured assets affect my debt restructuring?
Creditors will use any negotiating advantage, such as a personal guarantee (which continues even after a business is gone) to gain leverage. Another kind of leverage comes from creditors having a product or service that is necessary for your business to operate or a secured interest in an asset critical to your business. AmerAssist always takes the leverage of your creditors into consideration and prioritizes them before structuring settlement offers.
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- How does creditor leverage from personal guarantees and secured assets affect my debt restructuring?
