Being judgment proof is not a permanent condition and only lasts as long as the court decides for each specific case. What does the term mean? Simply put, an individual or entity is judgment proof if, after losing a court judgment that requires them to pay back a debt, they show that they are unable to make such payment. The ruling provides the debtor with an extension to pay what is owed, but it doesn’t eliminate the debt.Companies dealing with massive amounts of debt often feel as though their options are limited. Even if they are able to get a legal reprieve from repayment, finding the money isn’t easy. Most importantly, while companies focus on repaying debt, they are turning their attention away from their actual businesses. At Business Capital, we offer effective solutions for companies dealing with unmanageable debt that allow them to get back on their feet and on the road to financial success.
Why deal with the complexities of the legal system if you don’t have to? We have over ten years of experience in the industry negotiating with creditors and vendors, achieving amicable agreements. By making debt repayment more manageable, our clients are able to retain their business relationships while also freeing the money they need to see their company grow. Why stagnate when we can help you reach the next level?
As opposed to many of our competitors, we at Business Capital believe in creating a partnership with our clients. We work closely to help ensure their success, without interfering with their day-to-day affairs. Since we work on a 100 percent contingency fee basis, we are motivated to see them succeed–their success is our success. We urge you to contact us at (888) 499-4775 for more information.