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