What is corporate reorganization?
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.
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.