What is corporate reorganization?

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This type of reorganization is called an Article 9 Reorganization and it involves the sale of the operational assets of an existing company to a new company. Only the purchased assets go to the new company, not the MCA debt. It's an interesting concept that basically gives your company a fresh start without debt to move forward. Assistance is also provided in settling the personal guarantees present in most cash advance agreements as part two of the process.

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The cost of the reorganization comes in the form of a consulting fee that is quoted in advance and typically paid out over the course of a year.