Remove Bankruptcy Remove Chapter 11 Remove Credit Card Payments
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How to Recover From Business Credit Card Debt

Fundera

No one wants to—nor should—go straight to filing bankruptcy. As you figure out your best approach to dig yourself out of credit card debt, one thing is for sure: Don’t let your balances sit. It’s also a better alternative than declaring bankruptcy to preserve your credit. Declare bankruptcy.

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How to Get Merchant Cash Advance Debt Relief

Fundera

Financing companies provide a lump sum of cash, which they calculate according to your business’s credit card receivables. In return, that financing company takes a percentage of your credit card sales. File for bankruptcy. There are three options when filing for business bankruptcy: chapter 11, 7, or 13.