Paid in Full vs. Settled for Less: Which Option is Best?

Business meeting making a deal in the office. Signing a contract and paying in cash

Paid in Full vs. Settled for Less: Which Option is Best? Paying off a loan debt is a positive accomplishment for any small business. But for businesses in distress, debt modification may allow for the loan to be ‘settled’ as opposed to ‘paid in full.’ Although the everyday terminology typically used to describe these two… Continue reading Paid in Full vs. Settled for Less: Which Option is Best?