Welcome back to our 6 part series on dealing with debt. While the focus is on individual debt, the thinking process of getting ahold of your debt applies just as well to commercial debt.
- Come up with a plan, a point at which your personality may come into play. Will you feel better with the overall number of creditors being reduced, or if the number of creditors remains fairly static but the amount of debt reduces more quickly? In order for this to work, you’re going to need results that satisfy you in a timely manner, or else you may become frustrated and scrap the whole plan.
