Business Debt/Expert Profile


Ask A Question

Expertise

As President of SettleSource,Inc. a business debt settlement firm, I invite you to inquire about all aspects of business debt solutions to best determine which may be most appropriate. If you have questions such as: What is debt settlement and how process provide debt relief to my business? What options are available to deal with my business debts? Is it possible for a business owner to negotiate their own settlements? Why is debt settlement preferable to filing a bankruptcy or debt consolidation? Why are creditors willing to provide settlements to a business? How will settling debts affect credit scores? or How to rebuild a business after debt is eliminated. Please ask it now! For more information regarding how debt settlement can help your business, please visit www.SettleSource.com and place your inquiry. Mention All Experts to have a confidential no cost consultation with Christine. If this is your business situation time may play a very important factor in getting matters resolved proactively before they have negative affects on the business.

Experience in the area

My expertise is specific to providing business solutions that will have profound positive impacts on the financial health of businesses. I have 25 years experience as an entrepreneur and have developed national sales programs; strategic alliances; product development; marketing programs; business and turnaround plans and debt settlement programs all providing methods to improve the financial outlook for large and small businesses. In the area of commercial debt settlement I have over 10 years experience working with large and medium corporations and closely held businesses to enable successful debt reduction and turnaround. I am a professional debt arbitrator and have negotiated with major banking institutions as well as vendors, suppliers and other trade creditors.

Organizations

Provisors;Turnaround Management Association; Los Angeles area

Publications

Accounting Today; Web CPA; National Restauarant Association;Los Angeles Daily News; Today Magazine Monthly series of business articles entitled "Brand News."

Education/Credentials

Bachelor of Business Administration; Associate of Arts Merchandising

Past/Present Clients

American Airlines, American Express, Safeway Inc., New York Life, consumer products manufacturers; retailers, food service industry and other small businesses and service providers.

What do you like about this subject?

The ability for business owners to learn of alternative methods to fixing serious financial situations.

What do you still hope to achieve/learn in this field?

I hope to reduce the need for business bankruptcy, by presenting other possible options for small business owners.

Something interesting about this subject that others may not know:

Given the individual business circumstance, creditors would rather discount debt in the short term than be placed in a lengthy bankruptcy que.

Something controversial or provocative about this subject

It is not common knowledge that Commercial or Consumer Credit Counselors often represent the best interest of the creditors, not the debtor.

Average Ratings

Recent Reviews from Users

Read More Comments

    K = Knowledgeability    C = Clarity of Response    P = Politeness
UserDateKCPComments
chad09/02/11101010thanks for the advise my partner and .....
Laura04/25/11101010Although Christine was kind enough to respond .....
Buddy04/15/11101010Ms. Janklow, Thank you very much for .....
Randie03/31/111010Thank you so much for your feedback .....
Danny03/23/11101010 

Recent Answers from Christine Janklow

2012-02-01 Sold LLC and New Owners defaulted on Unsecured Creditors:

Melissa:  There are too many variations of contracts to know for sure. However, one could argue that upon the new owners purchasing the LLC and continuing to utilize vendor relations previously established

2012-01-28 Sold LLC and New Owners defaulted on Unsecured Creditors:

Melissa:  Thank you for your inquiry. Regardless of the vendor in question, typically when accounts are forwarded to a collection department or agency, you have up to thirty days upon receipt of written

2011-11-02 Business Debt:

Trish:  I appreciate the question, and regret that unfortunately this is a very common scenario. As for the "rights" that you have or don't have, the FDCPA rules are available to enforce unfair collections

2011-08-31 s corp closing:

Chad:  Thank you for your question. I regret that your business did not fare well, however at least you have accepted the direction you must go and intend to address your obligations. that said your creditors

2011-06-07 Co-signer for a Business debt - Now in collections:

Hemanth:  Sorry to hear of your situation. It should be incumbent on the prior owner to help in your defense of this, by if nothing less than providing documentation to the creditor that the business is

 

Ask A Question

Business Debt

All Answers


Answers by Expert:


Ask Experts

Volunteer


©2012 About.com, a part of The New York Times Company. All rights reserved.