I need some good legal resources for being able to handle the substantial debt I've incurred starting up my business. I am in settlement with one, but I owe so many others that I am unable to pay until I finish settling this debt, and then I'll settle the next and so on. I have a few accounts that are in the Law Office of so and so. Do I need to call them back because they don't tell me who they represent on the voicemail. I live in Texas, so would need contacts familiar with small business debt. I tried a debt negotiation company, but those don't work for me and end up costing me more.
Try posting your question in the forum below.
There are quite a few lawyers who frequent the forum, and others have dealt with Texas law on debt.
Try posting your question in the forum below.
There are quite a few lawyers who frequent the forum, and others have dealt with Texas law on debt.
References :
http://creditboards.com/forums/index.php?s=a1e1a2f952ce883fdf6273efde8074d4&showforum=2
The debt negotiation company probably did more harm than good.
Are these are actual business accounts or personal consumer accounts that you used for your business? The rules are completely different for business accounts and consumer accounts. The consumer accounts will show up on your credit report; the business accounts won't.
References :
Most Debt Settlement companies don’t settle business debt unless the business has been liquidated.