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I have a business that incurred about 20,000 in unsecured commercial credit from vendors like Verizon yellow pages. We have 3 revolving cards totally 11,000. All credit is not under our personal social security numbers. I was thinking of consolidating this into one small payment to pay it all off or trying to settle some of the accounts for a smaller amount. the business is flat broke and I really do want to do what is right. But I can know way make the minimum amounts. Is there any place that helps with a consolidation program for commercial accounts or should I try and settle these accounts for less

Posted: Tue Aug 07, 2007 12:26 pm Subject:

One thing you can do for now is to call the creditors and put your settlement offer. Since you are still willing to pay back that you can afford, they can cut a deal with you. There's a ranking chart section in this website. You can find few companies in your area and know if they consolidate business debts. Keep us posted on your situation

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