Debt Restructuring - FAQ

Can I negotiate directly with my Lenders?
How will my Lenders and Lessors view this plan?
How will my Lenders view me using a third party?
How can I be assured my Lenders will negotiate?
Will I be able to pay my Lenders in-full?
Is this an alternative to bankruptcy?
Why shouldn’t I just file Bankruptcy?
How are your fees set?

Can I negotiate directly with my Lenders?
If you prefer, The Axel Group can provide you with a plan for you to present directly to your Lenders and Lessors. This will come complete with copies of our comprehensive financial review and a narrative of the plan. However, these types of negotiations are stressful and take your valuable time away from running your company.

How will my Lenders and Lessors view this plan?
Being proactive with Lenders and Lessors in today’s economic environment is far better than standing by and letting the economy get the best of you. Lenders and Lessors are dealing with hundreds, maybe even thousands, of businesses that can not or will not meet their obligations.

Reaching a successful restructure, keeping your company in business, and helping Lenders and Lessors avoid non-performing assets will be well received and will go a long way in securing additional debt when the time is right.

How will my Lenders view me using a third party?
By using a third party, your Lenders will know you are serious about resolving your cash flow problems. They know you are skilled at running your business and will appreciate your efforts to reach out to secure, professional help to provide them with a concise and well thought out plan.

How can I be assured my Lenders will negotiate?
We cannot assure you that any Lender will negotiate. However, we can assure you that we will offer a sound plan, and we will provide the best possible solutions for your company. In most cases, a responsible and realistic Lender will realize that.

Will I be able to pay my Lenders in-full?
In most cases, yes. In every plan we offer a full payout solution.

In some cases, your circumstance may require a principal forgiveness or reduction in order to keep your company in business. We will work with you to determine what the value of the financed assets are and form a plan around those that are critical to your survival and viability.

Is this an alternative to bankruptcy?
If your business and personal credit has deteriorated to the point of no return, bankruptcy may be eminent. The mission of The Axel Group is to provide a proactive response to serious cash flow problems incurred by businesses who are suffering from a down economy.

Why shouldn't I just file Bankruptcy?
Bankruptcy should only be considered as an absolute last resort. It is expensive and you will lose a good deal of control in the process, and in some cases, possible damage to your personal credit.

Our fees and expenses will be a fraction of the cost of a bankruptcy, and our programs are geared to be out-of-court restructures, dealing professionally and amicably with your Lenders and Lessors — maintaining a positive business relationship with them.

How are your fees set?
Our fees are determined by the number of transactions we will handle, and the complexity and the volume of work necessary to provide you with your best alternatives and a sound plan.

Your Personal Consultant and Director will discuss fees at the time you determine what services you would like performed.

Do you still have questions? Contact Us for more information.