Current but nervous?! Do the workout!
DO SOMETHING NOW BEFORE IT IS TOO LATE.
I talk to many people who say they are current, but nervous. "Nervous" because they see their cash reserves are evaporating, revenues are down and while they have made efforts to reduce overhead and downsize to regain profitability, their debt remains the same and is now crippling them. The debt absorbs far more cash then the business can afford, so they are nervous, knowing that they are headed for self-destruction unless they do something about their debt.
Yet, they typically want to wait... wait for the economy to return their lost revenue, wait for the inevitable yet hoping and praying for some intervening force to turn their business around. They <em>should</em> be nervous as they are simply waiting for the end--the end of their business life and then the pursuit of their personal guaranties by the bank. Self-destruction, in a word.
Yes, our strategies are called "hardball". We employ serious, sophisticated and complex strategies that remove debt from your business and reduce your personal guaranty obligations to pennies on the dollar in most cases.
You all must understand, we are not navigating a speed bump. The declining economy, high unemployment, reduced revenues, high overhead and lack of borrowing potential spell a changing economy. What we have today is what we will have for a long, long time, it may be getting even worse.
So yes, call us, learn about what we can do, and then act. Understand that your nervousness is a clear warning to yourself that you are in trouble and must do something about it or suffer the consequences. Calling and inquiring is a great first step, but failure to act will be fatal in this down turned economy.
It is a new world. This is not just a typical cycle we can wait out. This is a long-term change that requires a serious response. Without that, your long-term survival is doubtful. Loan modifications will not work; debt forgiveness is the only way to survive.
Call us, learn more and then act. It is your only choice. 413-584-2581. Norm will arrange a no-obligation teleconference.