Business Debt Adjustment

Business Debt Adjustment refers to the process of modifying or restructuring a company's existing debts to make them more manageable. This can involve negotiating lower interest rates, extending payment terms, or even reducing the principal amount owed. The goal is to improve the company's financial situation, allowing it to continue operations while repaying its obligations. This process often involves financial advisors or legal professionals and can help prevent bankruptcy, enabling the business to remain viable and maintain its relationships with creditors and stakeholders.