by Ferne Kornfeld | Jun 11, 2021 | Debt Restructuring, Ferne Kornfeld
For both individuals and businesses, there is no scarier word than “debt”. Debt can be unimaginably hard to crawl out of and can take a toll. Luckily, there are options to help those in a bad financial situation get out of debt without completely ruining their credit...
by Ferne Kornfeld | May 12, 2021 | Debt Restructuring, Ferne Kornfeld
There comes a time for many individuals and businesses where the debt becomes too much. Something has to be done, as the debt is rapidly outpacing the income. Don’t worry; this isn’t always the sign of the end for a business. Businesses can opt to go one of many...
by Ferne Kornfeld | Apr 14, 2021 | Debt Restructuring, Ferne Kornfeld
Many individuals and businesses have had to face some form of debt. Debt is overwhelming and frequently scary, so it is so essential to understand the common myths surrounding different types of consolidation or restructuring. There are dozens of myths surrounding...
by Ferne Kornfeld | Mar 16, 2021 | Debt Restructuring, Ferne Kornfeld
Regardless of the size of your business, the managing of finances is ultimately the make or break element. Not only do you need to manage your day-to-day activities, but there should also be money set aside for any emergencies or potential business expansion projects....
by Ferne Kornfeld | Feb 9, 2021 | Debt Restructuring, Ferne Kornfeld
While many people will say the small businesses are keeping the “American Dream” alive, they are more than often the most susceptible to falling into debt and closing their doors for good. With so much competition from big-name stores and brands, it has become...
by Ferne Kornfeld | Jan 11, 2021 | Debt Restructuring, Ferne Kornfeld
Taking on debt is a normal part of doing business. The trouble arises when unexpected events occur outside of a typical business lifecycle, such as a pandemic or a recession. The Federal Reserve survey estimates that approximately 70% of small businesses already had...
