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Featured Debt Articles

Collection Agency Secrets for Collecting on Bad Debt
Getting worried that one of your clients, customers or patients will never pay? Have you given up on a customer who's essentially said he won't pay? Congratulations--being stiffed by a customer or patient is a milestone in the growth of a business or ...

Solve Your Debt Problems
Although it would be wonderful if debt would magically disappear, the only way to get rid of it is to pay it off. Almost everyone has some sort of debt. Although getting rid of debt is not as simple as accumulating it, there is a way you can put a stop ...

Use Caution When Entering Into Debt-Consolidation Loan
To the person drowning in debt, a debt-consolidation loan looks a lot like a lifesaver. But agreeing to such a loan without understanding it completely could be a serious mistake. Here's the way it's supposed to work: You pay off all your small, ...





New Options for Business Debt Consolidation
 
WeSolveDebt.com provides new ways to stop debt in the current economic downslide.

San Diego, CA--An innovative debt consolidation company located in Southern California has helped a growing number of companies and individuals negotiate--instead of litigate--their billing and contract disagreements with vendors or suppliers. This saves time, money, and precious reputation.

Millions of lawsuits take place each year in the U.S. judicial system. Attorney's fees can cost a company anywhere from $10,000 to $100,000 or more, causing financial devastation for the business. As a result, bank levies can be imposed on business accounts, or liens placed on property and/or other assets, allowing litigation to do more financial harm than good.

Peter Robben, founder of the debt consolidation company WeSolveDebt.com, says, "Going to court because a vendor or supplier did not make good on their promise can create immense financial problems for a business, often resulting in more legal battles, liens, and even bankruptcy for a company. However, by choosing debt consolidation instead of litigation, businesses can bypass the court system, saving their company lots of valuable time and thousands of dollars." WeSolveDebt.com offers a free report about this subject on their website.

Debt consolidation involves third-party mediation. The third party listens to both sides of a case with the goal of creating an acceptable agreement for both parties. "Due to the fact that debt negotiation is so effective in finding an agreeable solution for both sides, more and more businesses are including arbitration clauses in their contracts with suppliers," says Robben. "Debt negotiation settles disputes on a contingency basis, meaning that there is no fee in the unlikely event a settlement cannot be reached." There is no billing by the hour and no charge for administrative services.

In short, third-party business debt consolidation takes the dispute out of the courts, saving thousands on both sides of the dispute. It also keeps the proceedings out of public records, thus protecting the business and its credibility from undue scrutiny.

"When the company is in a dispute and all lines of communication are poor," Robben explains, "when the situation becomes volatile, it's time to use third-party resolution." By bringing in a third party mediator, the tedious legal jargon and time consuming procedures associated with litigation are eliminated, and huge cost savings will result

About the author:

WeSolveDebt.com, is a third-party mitigation and Business Debt Consolidation Company that has helped growing numbers of companies resolve legal issues out of court, saving countless hours and dollars. Receive a FREE SPECIAL REPORT or Free Business Consultation by visiting http://www.WeSolveDebt.com

Debt News



CNBC.com

As Europe's Debt Crisis Grows, 'The Street Has Taken Control'
CNBC.com
Coined during the Latin American debt crisis of the 1980s, it refers to the idea that policy makers are losing control and that the people—the so-called “street”— are now in charge. It happens in three ways: the ballot box, social unrest and the ...
Greek's debt woes put Europe on financial knife edgemsnbc.com
Hollande Challenges Germany's Handling of Debt CrisisBusinessWeek
Germany's Merkel: EU Treaties Forbid Joint Debt LiabilitiesWall Street Journal
Washington Post -Philadelphia Inquirer -Los Angeles Times
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ABC News

David Callahan: Bad Debts, Big Profits: How Private Equity Firms Turn Red Ink ...
Huffington Post
One big question at the center of the private equity debate is whether firms like Bain Capital intentionally set out to burden the companies they take over with debt -- or whether things just sometimes go sour amid failed turnaround efforts.
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Bloomberg

Japan debt rating under pressure even if tax hiked - Fitch
Reuters
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USA TODAY

Put a lid on debt ceiling debate
Los Angeles Times
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Spain struggles to meet regions' 36 bln euros debts
Reuters
Regions need to refinance 36 bln euros of debt in 2012 * They also need to fund allowed deficit of 15 bln euros * Gov't disagrees on how to back regions' funding By Julien Toyer and Andrés González MADRID, May 23 (Reuters) - Top Spanish officials are ...

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