Difficult and Structured Debt Refinancing
Are your debt obligations becoming too much to handle? Sometimes circumstances arise where it is no longer possible to continue making repayments on an existing debt (or debts). A lot of times, these situations are totally out of the control of the borrower, with it simply being a run of bad luck.
Depending on the situation, there are two options that are available to a struggling borrower – these include:
- debt refinancing
- debt restructuring
What is the difference between refinancing and restructuring debt?
To put it simply, refinancing debt(s) means establishing a new loan with more favourable repayment terms in order to pay off an existing loan and regain control.
Restructuring is where a lender and borrower both agree to alter an existing loan so that the repayment process becomes more manageable.
Depending on your situation, restructuring a debt may be the only option available, as other lenders may not be willing provide a new loan.
How we can help you manage your debt
With our extensive network of loan specialists, we will connect you with a dedicated loan agent who has experience in helping customers facing financial difficulty. They will assess your current position, then come up with a plan to help you take back control of your debt and set you on a more sustainable path.
Call us about your difficult or structured debt refinancing needs
If you have a complex financial situation or are drowning in debt and don’t know what to do about it, contact our team today!