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NEW! Business Sales / Asset Sales
As part of any Offer In Compromise, you will be required to sell or liquidate your business. We can help with that. We can reach out to investors who are seeking specific business types, or buyers of specific types of equipment.
SBA Offer In Compromise
/ Debt Settlement
Sometimes closing a business is the right thing to do. Why continue to lose money month after month? At some point it becomes prudent to face the reality that your business just won't make it. You aren't giving up on your dream, you are simply cutting your losses so you can move on to the next venture.
DLA has extensive experience in negotiating business loans with banks and the SBA. In order to mitigate their losses, banks will often be willing to negotiate the debt that you owe. We will analyze the entire situation and recommend the best course of action. We can also negotiate directly with lenders on your behalf.
We've been lenders before, so we know exactly how lenders think. We'll get the situation resolved so you can move on with your life. Closing a business is hard, but we'll help you minimize the financial and emotional loss.
Deferments & Modifications (Specializing in SBA Loans and Commercial
Many businesses are struggling in today's economic environment, but they aren't going down without a fight. If you aren't quite ready to throw in the towel, you need to explore a loan modification with your lender. What should you ask for? What should you tell them about your current situation? Well, that's where we come in. We'll advise how to go about the process, in essence helping you put your best foot forward. If you prefer, we can deal directly with your lender on your behalf. We'll do everything we can to get you the breathing room you need.
Release Bank Liens on Your Home
Even if you have been discharged from bankruptcy, the lien that your lender has on your home will not be released. The bank must voluntarily agree to release their mortgage. Even if you home has no equity in it, lenders will not agree to let it go in exchange for nothing. DLA can negotiate with your lender to get the lien released, ensuring that you never have to worry about the lender foreclosing at some point in the future.