TACKLING DEBT AFTER BUSINESS CLOSURE

Closing a business is difficult experience, often accompanied by significant financial obstacles. One of the most significant concerns for business owners facing closure is dealing with outstanding debt. Formulating a strategic plan to address these financial obligations is crucial for minimizing the effects on your credit score. It's important t

Debt can feel overwhelming, but with a strategic approach, you can regain control of your finances. Start by building a thorough budget to track your income and expenses. Highlight areas where you can reduce spending and allocate those funds towards debt repayment. Consider implementing the avalanche method, which focuses on clearing off smaller de