Dental Medical Business Restructuring, Turnaround, Crisis Management, Practice Sales, Bankruptcy Consulting, Phoenix, AZ, Maricopa County AZ

Restructuring Practice Debt

In financial trouble? Our innovative debt restructuring service helps to avoid business bankruptcy by satisfying creditors based on what you can afford, rather than unrealistic collection demands.

Why Debt Restructuring?

While there are many ways to make money in business, there are also many ways to lose money as well. For dental practices that find themselves in financial trouble, there is now an innovative Debt Restructuring alternative that can be far more productive than filing bankruptcy - and the related demands which involve spending thousands of dollars on attorneys fees, endless months on reorganization activities and giving up management control.

When your practice wants to survive such financially challenging times, our Innovative Debt Restructuring services can offer access to needed assistance from experienced professionals who understand the issues facing both debtors and creditors. We will negotiate on your behalf to satisfy creditors based on payment programs that are realistic.

Devon-French’s Debt Restructuring alternatives refers to making significant modifications to the practice debt, operations or structure of a company as a result of experiencing significant problems that are causing financial difficulties and putting the overall practice in jeopardy. The objective is that through restructuring, a practice can eliminate the financial problem and improve the practice by establishing fair and equitable debt repayment practices to creditors.

There can be many benefits to Debt Restructuring including renegotiating the terms of the debt agreements in order to achieve a mutual benefit between the practice and its creditors. Working with a professional debt restructuring agent, such as The Devon-French Company, offers your business specific benefits including help with:

1. Satisfying creditors based on what you can afford;

2. Paying down as little as 2% of your total debts each month;

3. Reducing your debt and stretching it out over time;

4. Converting overwhelming debt obligations into manageable and affordable monthly payments;

5. Spending less time dealing with creditors, collection agencies and attorneys while your debt restructuring agent handles negotiations with applicable relationships;

6. Reducing or eliminating associated legal costs;

7. Balancing your budget and managing your cash flow;

8. Rebuilding your credit and credibility;

9. Keeping your doors open, staff employed, patient abandonment issues resolved; and,

10. Avoid filing for bankruptcy.

If your practice is encountering any of the following problems, a Debt Restructuring program could offer a productive solution.

1. New patient flow is down or non-existent;

2. Receivables are slow or uncollectable;

3. Insufficient capital for marketing purposes;

4. Unable to meet monthly financial obligations;
5. Collection agencies are calling the office;and/or

6. Lawsuits or foreclosure actions have been filed.

When in need of Debt Restructuring services, look to Devon-French as a provider who offers experience, a proven track record and a guarantee. At Devon-French, we have successfully settled millions of dollars debts on behalf of debtors and creditors alike, and guarantee that the total amount your business pays back over time, including fees, will be less than what you actually owe. We think that's better than an interest free loan that doesn’t not require a personal guarantee.

Devon-French, LLC