EXTRAORDINARY DEBT CLEARANCE for businesses
Negotiation
Debt-free without insolvency proceedings? As a trader, you also have the option of reaching an out-of-court settlement with your creditors and reducing your debts through individual negotiations without going bankrupt. As a trader, you can also try to reach an out-of-court settlement with your creditors as a further way out of your debts. Put simply, this is a contract with the creditors in which we try to negotiate the debt amount down as far as possible and thus negotiate acceptable conditions for you. We start with the lowest possible offer and gradually increase this in several rounds of negotiations until all creditors have agreed to the out-of-court settlement. It is possible to agree a one-off payment with the creditors or a monthly installment payment, usually over three years. If you meet the agreed payments in accordance with the contract, you will then be debt-free.