Business Consulting Services: Debt Negotiation, Taxes, Bankruptcy, Business Plan, Strategic Planning, Debt Relief

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Testimonials

Debt: $3.5 million

Results: $910,000 pay-off, remainder forgiven

Comments: A three year negotiation resulted in three settlements, facilitating the retention of all business and personal assets and the opportunity for recovery.

“When three separate workout issues converged on me at once, it felt like my whole world was coming to an end. The threat of everything I had worked so hard and long for, gone in an instant. Then came the fear of losing everything and the disastrous effect this would have, not only on my own family, but on my employees and their families who were depending on me for their livelihood.

My personal attempts to restructure my payment schedule with one of the banks involved was a total failure. I also tried working with bank consultants, but their “spreading everything out over time” left me with no future.

Don instantly grasped the complexity of my problems without any fanfare or promises. To this day, he knows more about my situation than I do. His intelligence, thoroughness and professionalism were reflected in every member of his staff and their tireless efforts resulted in three very positive workout conclusions.”

Debt: $1.6 million

Results: $1.25 million pay-off, remainder forgiven

Comments: A ten month negotiation resulted in a settlement financed in part by the SBA, allowing this financial services company to maintain a positive cash flow and all personal assets to be retained by the guarantor.

“When my note was called, I made one deadly mistake. I hired a law firm that I believed would represent me in my workout. Instead, as I later learned, their efforts on my behalf were only positioning me to be 'delivered’ to the bank! It was a frightening realization, but I learned a big lesson in the process. Don’t rely on anyone who represents both lenders and borrowers.

Don’s confidence in his ability was reassuring. He knows the game well and can rightfully be called a master of his art.

Today I have a new lease on life. I no longer exhaust myself trying to generate revenue to cover a negative cash flow. My debt has been reduced to a level that my real estate can support. With this enormous burden lifted, I can enjoy my work again and I feel great.”

Debt: $800,000

Results: $100,000 pay-off, $200,000 sale of collateral, remainder forgiven

Comments: Investment in a failed condominium project in New Hampshire threatened an otherwise profitable business. A cash settlement financed by a partial liquidation of real estate allowed for a quick and complete recovery and the retention of substantial assets.

"Anyone who says your personal life doesn’t impact your business is not being very truthful. Having my notes called had a traumatic effect on my company, even though the loans weren’t directly related to my business. After trying to resolve things on my own, I subsequently went through two Boston law firms with no success.

Don was very understanding and gracious and set the tone for a very comfortable relationship. He possessed an early and almost uncanny ability to understand, not only both sides of the problem, but the individual personalities and prospective positions of all the parties involved. Because Don’s expertise in this field is unparalleled, he wasn’t the least bit hesitant in challenging the head of a government agency, the CEO of a major lending institution and a prestigious Boston law firm.

After nine months, everything worked out and was back to normal. But in the future I’ll be looking at prospective investment opportunities much more comprehensively. I’ll consider my alternatives more carefully, along with current and future economic conditions. Then I’ll talk to Don!"