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Business owner warns about debt restructuring scam – 10News

SAN DIEGO (KGTV) – A local business owner is warning others about a phony debt restructuring company that he said cost him thousands of dollars.

Hugh Herrera owns Pacific Beach Vinyl.

“What we’re selling is music, which is one of the uplifting things of life,” Herrera said.

A couple years ago, Herrera needed help managing his debt with the business. After a situation with a lender, he eventually turned to what he thought was a legitimate debt restructuring company. He received a solicitation in the mail and gave the company a call.

“It sounded like something viable to me,” Herrera said.

He star…

Read the full article at: https://www.10news.com/news/business-owner-warns-about-debt-restructuring-scam

Category: RestructuringBy Insolvency GuardianMarch 11, 2018

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Business owner warns about debt restructuring scam – 10News

SAN DIEGO (KGTV) – A local business owner is warning others about a phony debt restructuring company that he said cost him thousands of dollars.

Hugh Herrera owns Pacific Beach Vinyl.

“What we’re selling is music, which is one of the uplifting things of life,” Herrera said.

A couple years ago, Herrera needed help managing his debt with the business. After a situation with a lender, he eventually turned to what he thought was a legitimate debt restructuring company. He received a solicitation in the mail and gave the company a call.

“It sounded like something viable to me,” Herrera said.

He star…

Read the full article at: https://www.10news.com/news/business-owner-warns-about-debt-restructuring-scam?autoplay=true

Category: RestructuringBy Insolvency GuardianMarch 11, 2018

Post navigation

PreviousPrevious post:Kansans are in sleep debt, study finds. Losing an extra hour doesn’t help – Wichita EagleNextNext post:Business owner warns about debt restructuring scam – 10News

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Real estate businesses seek restructuring of overdue, coming due bonds – Viet Nam News
July 17, 2024
SK Ecoplant to merge tech unit for group restructuring – Korea Economic Daily
July 16, 2024
Revenue negotiations on warehouse debt cited as reason for decline in small company restructurings, study says – The Irish Times
July 16, 2024
Over 200 jobs saved so far this year through small business restructuring process – Irish Examiner
July 15, 2024
Atos secures funding for rescue plan, lives to fight another day – The Register
July 15, 2024
McGrathNicol celebrates twenty years in business recovery – Consultancy.com.au
July 13, 2024
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