A commercial mortgage broker works with these different lenders every day. The broker knows what each lender looks for in an application and sends your application to those with best chances of approving your loan. This method is highly targeted. And, brokers only get paid when they successfully match applicant with lender. Their financial incentive is what motivates them. Best of all, lender pays broker’s fees, not applicant.

Working with a commercial mortgage broker costs you, applicant, nothing. Working with a broker frees up your time so you can get back to running your business. Working with a broker greatly increases your chances of getting your commercial loan approved fast. In fact, brokers often get approval from multiple lenders which puts applicants in a great position to bargain better loan terms. And best of all, brokers will handle these negotiations!

There are so many reasons why working with a US commercial mortgage broker makes sense. Yet it’s amazing how many applicants don’t take advantage of their services. You work hard at streamlining your business and cutting your operating costs so why not streamline your commercial loan approval process? For fast results, contact a US commercial mortgage broker today!

Author:- Commercial Mortgage and Bridging Finance specialists Commercial Lifeline.

6. Stop harassing behavior from creditors.

Some creditors do not always take right course of action when attempting to collect a debt. Often, creditors will persistently call home of a particular debtor with demeaning and abusive behavior. Not only is this unethical it can rise to level of unlawful. In essence, bankruptcy will put on hold demands of many creditors and stop harassing phone calls and other inappropriate behavior all together.

7. Restore or prevent your utilities from being shut off.

As you have probably seen many of these reasons overlap. Some lead to another. If your home is in risk of foreclosure then your utility bill may also be in risk of being terminated. Filing bankruptcy can prevent utility company from leaving you in dark.

8. Provide help for large amounts of student loan debt. <student loans>

While it is true that your student loans will not be eliminated like several other types of unsecured debt, bankruptcy can consolidate your student loan debt. This consolidation will allow a debtor to make monthly payments through Chapter 13 Bankruptcy that are within financial ability of debtor.

9. End wage garnishments.

Chapter 7 Bankruptcy will stop wage garnishment. Wage garnishment basically takes away your weekly earnings often times leaving you without necessities. Chapter 7 Bankruptcy allows you to purchase necessities for you and your family. Chapter 13 Bankruptcy will also help in this regard.

10. Challenge certain claims of fraudulent creditors.

Bankruptcy will allow you to challenge these claims from creditors who are trying to collect more money from you than you really owe. An attorney can provide support and backing you will need to step up to these creditors. Attorneys often even playing field between a big creditor and a single debtor. Filing bankruptcy with an attorney can stop fraudulent reporting by a creditor.