Home » Articles posted by Nick Mann

Author Archives: Nick Mann

Proposing a Creditor’s Plan

what’s a Debt Management Plan? A Debt Management Plan is an approach to debt repayment where we work with you to join all your unsecured debts into one monthly payment, with the goal of receiving better repayment terms from many creditors. After about 3 successive DMP payments, most lenders will accept that our proposals and, […]

Read More...

Debtor-in-possession for Big Companies

Supervisors and many small business people are not aware of the expression in DIP (Debtor-in-possession) Financing . DIP financing revolves around companies who are in distress and most of the time in a bankruptcy proceeding. Why would anyone want to finance a business that is bankrupt? The reason is that companies, particularly those that have […]

Read More...

Choose the Right Executor or Trustee

You’re a step ahead of the pack if you’ve created a will or trust. Don’t stumble at the finish line by naming the wrong executor or trustee. Seek help, but common sense is also great. You do not need to be a Wall Street whiz to act as your executor or trust. But, you do […]

Read More...

What Bankruptcy Can Do For You

Bankruptcy makes it possible for people struggling with debt to wipe out certain obligations and make a fresh start. The two bankruptcy types registered, Chapter 7 and Chapter 13 bankruptcy, each provide different benefits, and also, in several cases, deal with property and debt. You’ll pick the chapter that is right for you based on […]

Read More...