Dealing with Business Debt

Finding myself in a precarious situation from a business perspective I found this site and article useful:

Note: As far as Vitals are concerned, we say “tough times call for tough decisions”. When you’re in a serious

financial predicament you may have to find new suppliers and resources. The truth is that some creditors will do business with you on a COD or cash basis while you negotiate a past due balance with them. If they refuse to do business with you, their competitors may jump at the opportunity. Remember, the primary goal of a restructuring is to satisfy the debts owed to your creditors. Preserving a relationship is nice, but secondary to your ultimate goal.

From Jerry Silberman - companydebts.com