Debt Mediation & Liquidation

See our Debt Mediation & Liquidation Service details

We Restructure, Mediate And Liquidate Business Debts

Habeeb Capital LLC specializes in representing a business in the restructuring, negotiation and liquidation of problem business debt.
Our mediation process involves negotiating with a creditor or creditors to pay off a percentage of debts owed at an agreed upon settlement amount. Often, people and major corporations choose to utilize our services as debt mediation specialists rather than attempting to do it on their own. Our firm will use a variety of negotiation, mediation, and arbitration strategies to help settle your companies commercial obligations outside of the court system.
When a business undergoes liquidation, you liquidate assets to pay off debt. This means that a business’s assets are sold and turned into cash to pay high-priority creditors. Here are some of the high-priority creditors with claims to your business’s liquidated assets, ordered from highest priority to least priority.
The process usually takes between 2 to 6 months but can be longer. Besides the obvious benefit of corporate debt mediation, another benefit is the help with creditor harassment. Our Commercial Debt Mediation department normally contacts all creditors and informs them that you are working with a commercial debt mediation firm. Let Habeeb Capital LLC handle these issues for you. It’s important that you let Habeeb Capital LLC handle this issue for you, so you can spend more time running your business. This is very important in that it helps minimize or eliminate creditors calls. The standard practice is to direct all communication to our commercial debt mediation department. Call us today to get a complimentary consultation and evaluation of all your business debt.
Secured creditors are lenders with collateral, a security promised for loan repayment. The collateral is different than the liquidated assets. After selling the collateral, secured creditors use the cash from the sold assets to cover the rest of the loan. One example of a secured creditor is the bank or financial institution that loaned the business money to purchase an item.
It is unlikely that there will be shareholders involved in a small business. However, if there are shareholders, they are also entitled to the last bit of liquidated assets. If there are assets left, investors in preferred stock receive money followed by holders of common stock.

Liquidation is the process of selling a business’s assets to produce enough cash to pay back creditors. It ends in the business closing. If a company is not able to make ends meet, liquidation is one option to pay creditors and close the business.  Liquidation is just one business exit strategy option. An exit strategy is how you plan on selling your investment in your business. Other exit strategies you might consider before liquidation are mergers, acquisitions, and Initial Public Offerings.

There might be a few reasons you decide to liquidate your business. If you have too many debts to pay and not enough money, you might need to liquidate your business. Liquidation is an option if you decide you don’t want to be a small business owner anymore. Maybe you just want to try something else.
 

There are many types of assets a business could liquidate:

  • Equipment (e.g., computers, forklifts, copy machines)
  • Furniture (e.g., couches, desks, chairs)
  • Inventory (e.g., raw materials, works in progress, and finished goods)

The Small Business Administration (SBA) suggests purchasing your leases if you only have a few more payments to make. Paying $100 to purchase your lease and selling it for $1,000 to someone else is a smart business decision. And, donating outdated equipment, furniture, and inventory to charity will earn you small business tax deductions.

Any remaining money after paying all creditors belongs to the business owner. In most cases, there is not leftover money after paying creditor

For your free Consultation, call to discuss your FINANCING needs TODAY!

Creditors have attorneys and collection agencies to turn to when there is a problem with an account receivable. Who does the business debtor have to represent them when there is a problem bill or a cash flow crunch?
Business is just too complex these days to do it all yourself. Especially as it’s a no success, no fee situation; we have to be good at what we do! Take our effort, and at our expense try us first.

HABEEB CAPITAL LLC

Call Now For A Free Consultation

888-282-6064
380 Townline RD
Hauppauge NY 11788

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Our team has decades of experience in the middle market at leading lenders and investment firms