by Barry Kornfeld | Apr 14, 2021 | Barry Kornfeld, Debt Restructuring
Many individuals and businesses have had to face debt at some point in their history. It happens – a company takes out a loan, something goes wrong, and they can’t pay it back as quickly as they should have. There are many different ways to handle this...
by Barry Kornfeld | Mar 11, 2021 | Barry Kornfeld, Debt Restructuring
There are multiple reasons why 90 percent of startups fail within the first five years, and a lack of capital is near the top. One of the essential roles of a CEO is to make wise financial decisions. Here are some tips to keep in mind. The financial management of an...
by Barry Kornfeld | Feb 9, 2021 | Barry Kornfeld, Debt Restructuring
In debt? For most, that’s the last place you want your business to be, but it can happen to anyone. When you find your small business in unmanageable debt, it’s essential to not panic too fast and start looking for a solution. Bad management of your debts can lead to...
by Barry Kornfeld | Jan 11, 2021 | Barry Kornfeld, Debt Restructuring
By definition, debt is a deferred payment or series of payments that are given to a creditor by a debtor, distinguishing it from immediate purchases. Debt also carries interest, which varies by lender and type of debt. Most Americans are familiar with the process...
by Barry Kornfeld | Dec 10, 2020 | Barry Kornfeld, Debt Restructuring
When you find the business you created from the ground up is at risk of closing its doors for good because of debt, it can be easy to feel utterly defeated. However, struggling with debt does not have to be the end of your business. Debt restructuring is a great way...
