- 965D, Business Bay, Dubai, UAE.
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Debt restructuring/settlement
Debt restructuring is a process used by companies, individuals, and even countries to avoid the risk of defaulting on their existing debts, such as by negotiating lower interest rates. Debt restructuring provides a less expensive alternative to bankruptcy when a debtor is in financial turmoil, and it can work to the benefit of both borrower and lender.
A debt settlement is entered into by a borrower when they lack the capacity to pay the outstanding amount of debt to their creditors. Instead of declaring bankruptcy, the borrower may attempt to reach a debt settlement with their creditors.
A debt settlement is entered into by a borrower when they lack the capacity to pay the outstanding amount of debt to their creditors. Instead of declaring bankruptcy, the borrower may attempt to reach a debt settlement with their creditors.
In a debt settlement, the borrower may engage with a debt settlement company, who would act on the borrower’s behalf.
At The Alchamii, our experts have high experience in both these areas and are able to meet your all needs.
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- +971 0558097727
- info@thealchamii.com
The Alchamii Auditing of Accounts, 965D, Tamani Arts Offices, Business Bay, Dubai, UAE.
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