  |
|
|
| Author |
Message |
valdemar
Apprentice
Joined: 26 May 2006
Posts: 5
|
 Posted: 12/15/07 - 09:53 Post subject: |
 |
|
| I have started a new business some time ago, but not everything has been going as I have planned. I got several credits from several banks, but with no luck. Now I am in enormous debts and I feel completely paralyzed. Is there any effective method that could help me clear these debts, and what should I do if that is not the case? |
|
|
Back to top
|
|
|
|
 |
giordano
Apprentice
Joined: 17 Jan 2007
Posts: 5
|
| Posted: 01/14/08 - 00:56 Post subject: |
|
|
| It seems to me that you are in really big trouble. Having debts is very risky and dangerous and you should have been much more careful. Sometimes it is not possible to settle it. However, there are still things worth trying. First of all, leave your business. Sell it, declare bankruptcy, try to get some money from it and stop generating losses. After that, try restructuring your debts and getting some fresh start. After that, try to get some steady job (or two), and start saving rigorously for paying off your debts. It will take some time and a lot of effort, but you should be able to clear your debts. |
|
|
Back to top
|
|
|
|
|
|
| |
All times are GMT
|
| Page 1 of 1 |
Related topics: | |
|
|
