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Small Business Debt Reduction and Survival
Method - Small Business Restructuring
Key Outcome: A Legally Enforceable Settlement Pro-rata to all Creditors
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A significant discount of debts owed (“to creditors”)
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Creditors Vote
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Usually enables businesses to continue trading
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The process is simple & fast.
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Directors remain in control of the Business
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Better to reduce debt than to borrow more

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