If it sounds too good to be true, it usually is. Even though Business Debt Settlements offer a lower payment to cash-strapped business owners, the truth is that most merchants are not able to complete the terms and, sadly end up shutting their doors before they’ve paid enough money into a reserve account to even make an offer to their lenders. The debt settlement business model is notorious for not keeping the best interests of small businesses in mind, yet they happily keep all the fees business owners pay into the program. Before you take the drastic step into the dark world of debt settlements, do your business a favor and consider all the facts, as well as the alternatives. Here are some important details to consider:
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