TACKLING DEBT AFTER BUSINESS CLOSURE

Closing a business is tough experience, often accompanied by significant financial obstacles. One of the most daunting concerns for business owners facing closure is dealing with outstanding debt. Creating a structured plan to address these financial obligations is crucial for minimizing the effects on your credit score. It's vital to proactively

Debt can feel overwhelming, but with a strategic approach, you can regain control of your finances. Start by building a detailed budget to track your income and expenses. Pinpoint areas where you can cut back spending and allocate those dollars towards debt repayment. Consider adopting the avalanche method, which focuses on paying off least expensi