JACOVETTI LAW, P.C.

As a business debt relief attorney, Attorney Robert Jacovetti can help to improve your finances as you pay back the debts you owe. Not every business faces the same debt issues, which is why we are prepared to help with an array of business debt relief cases in New York, and other states as well.

Banks and lenders may try to collect on business debts by putting your account with a third-party collection. Usually, the borrower signs a personal guaranty that allows the lender to pursue the business owner personally.

When coming to a pre-litigation settlement, the borrower will show interest in resolving the debt. This may lead the lender to keep communication open and defer the litigation route. If a settlement is reached, the borrower may avoid a business loan lawsuit and may see a reduction in the principal, interest or fees originally in their loan.