Ferne Kornfeld’s Blog
Debt Restructuring Vs. Bankruptcy: What’s the Difference?
A once thriving business can easily take a turn for the worse when their finances aren’t in order. Even when a business is drowning in debt, there can still be a light at the end of the tunnel and there are steps they can take to stay afloat. Oftentimes, the word...
How the Pandemic Affects Debt Restructuring
The pandemic has had an unprecedented effect on everyone personally and especially financially. Businesses everywhere are struggling to keep their doors open. Many businesses that are struggling with debt aren’t able to make their payments and the threat of bankruptcy...
Tips for Bettering Your Business’s Financing
When times get tough for some businesses, they start to consider refinancing their debt. Most of the time, the reason is to cope with changes in the economy, alleviate a cash flow crunch, or even get additional working capital. Although it may seem like the best...
What is Debt Restructuring?
Debt can have a significant hindrance to your personal and professional life. Always wondering how you'll ever pay it off or if you can even afford the next payment is something no one ever wants to go through, especially with an entire company at risk. When a company...
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