The Delancey Blog

We Know Debt.

Tactical writing from the team that resolves $100M+ in business debt every year. No SEO bait. No 'top 10' lists. The actual playbook, in print.

In the Media

What they're saying

Featured
Featured · October 8, 2026 · 6 min read

Should I Hire a Debt Settlement Company or a Bankruptcy Attorney in 2026?

It usually starts with phone calls from a collection agency or collection lawyer demanding payment in full of an outstanding debt obligation. Should you consider using a business debt settlement company or a bankruptcy attorney to…

DE
Delancey Editorial
Delancey Team
Read article

WHAT

October 8, 2026
What Are the Pros and Cons of Business Debt Settlement in 2026?
If your business is behind on what it owes, you are far from alone. Zippia reports that at least 70% of U.S. small businesses…
DE Delancey Editorial

HOW

October 8, 2026
How Can I Settle My Business Debt for Less Than I Owe in 2026?
Businesses can carry too much debt, just as people can. The right amount of debt at the right time can be the difference between…
DE Delancey Editorial

CAN

October 8, 2026
Can I Settle a Secured Business Debt Backed by Collateral in 2026?
Can you settle a secured business debt? Short answer: you can. But should you? That’s a completely different question. Maybe your business has hit…
DE Delancey Editorial

IS

October 8, 2026
Is an Out-of-Court Settlement Better Than Filing Bankruptcy in 2026?
Debt can overwhelm a business for so many reasons. A business can just tumble out of control and crash and burn. When that happens,…
DE Delancey Editorial

WHAT

October 8, 2026
What Should I Do Before Filing Bankruptcy for My Business in 2026?
If your business can no longer pay its bills and bankruptcy is starting to look like the answer, before you make this decision, there…
DE Delancey Editorial

CAN

October 8, 2026
Can I Negotiate My Business Debt Instead of Filing Bankruptcy in 2026?
Business owners in financial trouble are quick to assume bankruptcy is the only option. They can be correct, but they may not be. Bankruptcy…
DE Delancey Editorial

SHOULD

October 8, 2026
Should I Try a Workout With Creditors Before Filing Bankruptcy in 2026?
If your business is in serious financial trouble, do you try to work something out with your creditors, or let bankruptcy court protect you?…
DE Delancey Editorial

WHAT

October 8, 2026
What Are the Alternatives to Bankruptcy for a Failing Business in 2026?
Owners of businesses that are failing or in trouble often assume bankruptcy (Chapter 11 reorganization or Chapter 7 liquidation) is the only option. It…
DE Delancey Editorial

WHAT

October 8, 2026
What Happens to Business Debt If I Close Without Bankruptcy in 2026?
If you are closing a business that still owes money, your first reaction might be that the debt will just evaporate but the truth…
DE Delancey Editorial
1 … 87 88 89 … 107
Insights

Top questions

What is business debt settlement?
A negotiation process where a business resolves its commercial debts (MCAs, SBA loans, equipment finance, lines of credit) for less than the full amount owed, typically by demonstrating financial hardship. Distinct from bankruptcy, settlement is a private contractual agreement.
Is it the same as Chapter 11?
No. Chapter 11 is a court-supervised reorganization. Settlement is a private negotiation, faster, less public, and usually cheaper. We sometimes refer clients to Chapter 11 when the math favors it.
Will it ruin my credit?
Defaulted accounts are reported regardless of whether they are settled or not. Settlement actually shortens the period of damage by closing the account.
How long does it take?
Every engagement is different. Timelines depend on the number of positions, whether litigation is filed, and how each creditor responds. We do not publish averages because publishing one would set an expectation we cannot honor for every business. We give you a written, engagement-specific timeline at the end of the first call.
What does it cost?
Our fee is a percentage of your total enrolled debt. We tell you exactly what we'll charge in writing before any work starts.
Free Consultation

Get Help With Your Debt.

Tell us about your situation. Same-day callback. Confidential. No commitment. A senior advisor will give you a realistic plan on the call, not a sales pitch.

100% confidential
Same-day callback
Call Now Get Free Help