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We're Fund Virtually Everything

We fund business owners nationwide, regardless of industry, credit, or time in business. We fund it all.

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We Provide Multiple Options

We have a lot of different financing options available to our clients. Regardless of your situation, we’ll have a solution for you.

Fast Approval

Our application process is completely online. You can get funds in your bank account in literally 24 hours.

The Working Capital You Need In 24 Hours.

We get you funding. It's that simple. Regardless of credit, income, or time in business - we'll fund you.


Use our online form or call toll-free anytime to get started. There's no cost, and the application takes only three minutes.


Receive application approval in as little as 24 hours. There is no credit check required.

Receive Funds

Review and return your signed agreement and get your money in as little as 24 hours.

Recent Business Loans Funded

100K Term Loan

Ambulance Service

Our client bought a new ambulance.
2019 - June
55K Advance

Truck Funded

Our client used the funds to hire new team members.
2019 - February
85K Term Loan

Restaurant Funded

Our client used the funds for restaurant equipment.
2019 - May

Get a Decision in as Little As 30 Seconds

We’re Fast. We Help Regardless of Credit. WE HAVE A SOLUTION FOR YOU.

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We have a completely online application process, which is simple and easy.

Get Offers

We'll match you with the best loan offers we have that are financially responsible.

Get Funded Quickly

We'll fund you the same day you accept our offer.

How Delancey Street Works

Fill Out Our Application

Answer basic questions about yourself and fill out our entirely online application. Each loan has its own online process.

Meet Your Concierge

We'll pair you with an experienced Delancey Street specialist who will reach out to you, and understand your needs. We'll try to determine which financial product is right for you.

Compare Our Loan Offers

We give you a few different loan offers based on your scenario and what options you qualify for.

Choose Your Loan

Once you've chosen a loan that works for you, we finalize it and start getting the documents needed.

Get Funded

Once we get all of the documents back, we'll get you funded ASAP.

We Help You Grow

After you get funded, your Delancey Street concierge specialist will keep in touch to make sure you're happy and doing well.

Business Loans

Get business loans ranging from 3 months to 18 months
No credit score requirement, we have a program for everyone
We can fund up to $5 million in virtually 24 hours

Charlotte Business Debt Relief and Debt Settlement Lawyers


Operating a business in Charlotte can be extremely rewarding, but it also comes with financial risks. Many business owners have found themselves struggling with overwhelming business debt at some point. Whether due to an economic downturn, poor planning, or unexpected circumstances, excessive debt can put your business and personal finances in jeopardy.The good news is that you have options when it comes to Charlotte business debt relief. With the help of an experienced debt relief or debt settlement lawyer, you may be able to negotiate with creditors, restructure your debt, or in some cases eliminate it entirely. This article will provide an overview of debt relief and settlement laws and resources available to Charlotte business owners.

Understanding Business Debt Relief Basics

Business debt relief refers to various strategies used to reduce, restructure or eliminate business debt. Some of the most common types of relief include:

  • Debt consolidation – Combining multiple debts into one new loan, often with better terms
  • Debt negotiation – Working with creditors to reduce debt balances, interest rates, or fees
  • Debt restructuring – Changing the terms of the debt, like timeline for repayment
  • Debt settlement – Lump-sum payment to creditors to settle debt for less than originally owed
  • Bankruptcy – Legal process for eliminating qualifying debt under Chapter 7 or restructuring it under Chapter 11

The right option depends on your specific situation, such as the types of debt you have, your assets, and your business’s current financial health. An attorney can help you review your options to find the optimal debt relief strategy.

Key North Carolina Laws and Resources

If you are considering business debt relief in Charlotte, it’s important to understand the applicable laws in North Carolina. Here are some key things to know:

  • North Carolina has exemptions that allow you to protect certain assets in bankruptcy. For example, up to $35,000 of equity in your primary residence may be exempt. 
  • Wage garnishment in NC is limited to the lesser of 25% of disposable earnings or the amount by which disposable earnings exceed 30 times federal minimum wage. 
  • NC has statutes of limitations on debt collection ranging from 3-10 years depending on the type of debt. 
  • The NC Attorney General’s office provides resources on your rights as a debtor and how to handle debt collectors. 
  • Non-profit credit counseling services like the National Foundation for Credit Counseling have Charlotte offices to provide guidance. []

Knowing your rights and sources of support can help you pursue business debt relief confidently. Consult with an attorney to discuss how these apply to your unique situation.

Finding the Right Charlotte Business Debt Relief Lawyer

The legal complexities involved in debt relief make working with an attorney highly recommended. Look for a Charlotte business lawyer with specific experience in areas like:

  • Negotiating with creditors and developing debt relief plans
  • Navigating the Chapter 7 and Chapter 11 bankruptcy process
  • Settling tax debts with the IRS
  • Defending against creditor lawsuits and collection efforts
  • Protecting personal assets from business liabilities

Ideally, you want to find an attorney who is not just knowledgeable about debt relief laws, but who is also compassionate and understanding. They should take time to listen and devise creative solutions tailored to your needs.Search online directories like or look for recommendations from local Charlotte business groups. Schedule consultations with a few lawyers to find one you feel comfortable with. Many provide free initial consultations.

Key Questions to Ask a Prospective Lawyer

When meeting with attorneys, come prepared with questions to help you choose the right one, such as:

  • How long have you been practicing debt relief law? What percentage of your cases are business versus personal?
  • What are some examples of creative debt relief solutions you’ve negotiated for other Charlotte business clients?
  • What are the risks or downsides I should be aware of for bankruptcy or debt settlement?
  • What can be done to protect my personal assets from business creditors?
  • What is your approach for dealing with aggressive debt collectors?
  • What are your fees and what services are included? Are there any upfront costs?

Don’t be afraid to interview multiple lawyers to find one you click with. This is a very personal process that requires someone you can trust.

Options for Debt Relief in Charlotte

The right debt relief strategy depends on your specific financial and legal circumstances. Here is an overview of some potential options a knowledgeable Charlotte attorney may recommend:

Negotiating with Creditors

Your lawyer can negotiate directly with creditors on your behalf to try to reduce balances, waive fees, lower interest rates, or create manageable payment plans. This works best if you have strong negotiating leverage, such as the ability to make lump sum payoffs.

Debt Restructuring

Restructuring debt involves changing the repayment terms, which often allows you to pay less each month to free up cash flow. This could mean extending the loan term, reducing the interest rate, or having interest-only payments temporarily.

Debt Consolidation

Combining multiple high-interest debts into one consolidated loan can save money on interest while streamlining monthly payments into one lower amount. Balance transfer credit cards can sometimes provide 0% intro APR periods as well.

Selling Assets

If your business has valuable assets that are not critical to operations, selling them can generate funds to pay down debt. Make sure to consult your attorney to ensure it is done properly.

Chapter 7 or Chapter 11 Bankruptcy

For severe cases, bankruptcy may be an option to eliminate (Chapter 7) or restructure (Chapter 11) qualifying business debt. This gives you a fresh start but can have negative long-term consequences.

Debt Settlement

Also referred to as debt arbitration or debt negotiation, debt settlement involves negotiating lump-sum payoffs with creditors for less than the full amount owed. Each creditor must agree and savings depend on negotiating skill.

Key Factors That Influence Debt Relief Options

The debt relief solutions that make the most sense for your Charlotte business depend on factors like:

  • The types of debts – Secured, unsecured, business, personal, etc. Certain debts can and cannot be addressed through different strategies.
  • Your assets – What assets you have available to potentially sell or leverage in negotiations.
  • Your credit rating – A higher personal credit score provides more options.
  • Your industry – More leeway may exist for debt relief in certain industries.
  • Your state of business – Current struggles or stability influences the approach.
  • Your business structure – Sole proprietorships have less protection than corporations.
  • Your personal situation – Family obligations, health issues, and other needs impact options.
  • Tax implications – Certain debt relief strategies may have tax consequences.

Consult with both a business debt relief lawyer and a tax professional to consider how these factors play into your specific situation.

Seeking Free or Low-Cost Assistance

For Charlotte business owners with limited funds, free and low-cost resources are available that may help you get started:

  • Legal Aid NC – Offers free civil legal services for low-income residents, including some debt-related assistance. []
  • NC Bar Association Lawyer Referral Service – Low-cost referrals to prescreened local lawyers. []
  • Charlotte Chamber Small Business Center – Free consulting and training for local small business owners. []
  • SCORE Charlotte – Volunteer mentors provide free business counseling and coaching. []
  • Charlotte Entrepreneur Week – Annual events with free workshops on legal issues, finance, and more. []

Don’t hesitate to access these high-quality free resources. They can help you better understand your options before committing to a paid professional.

Overcoming Debt as an Opportunity

The uncertainty and stress of overwhelming business debt can feel devastating. But with the right Charlotte legal guidance tailored to your situation, debt can also present an opportunity. It’s a chance to restructure and rebuild your business’s foundations to set yourself up for future success. There are always solutions for turning things around.With flexible and creative legal strategies, business debt doesn’t have to be a death sentence. The right Charlotte business debt relief lawyer can help you navigate this challenging time, protect your interests, and position your company to prosper again. Don’t go it alone—seek out experienced legal counsel to point you towards financial freedom.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

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