Laine Consulting Services (LCS) signed a contract with a Southern California Lender to liquidate a uncooperative debtor. In this case even though
lenders in most cases do not want to repossess anyone's assets, the debtor assets will be liquidated. The lender in this case tried all it can do to restructure the debtors loans; but the debtor refused to come to the table to resolve the default. There are many ways to avoid being liquidated and most lenders are receptive to creative ways to re-coop their money. Sometimes you need a third party to help and build new trust between the creditor and debtor. If you find yourself in this position, don't avoid the situation and find a solution. LCS can help you by restructuring your balance sheet, update or create a business plan and show the lender that you will have a way to pay them back in the future. There are many ways to solve this problem, contact us for some possible solutions.