A charter school in Arizona in operation since 1984 suffering from decreased student enrollment, competition, and significant decrease of funds from governmental contributions assigned one lawsuit claim to American Finasco. The claim was for breach of contract for delinquent loan payments for computer equipment in the amount of $217,000.00, and personally guaranteed by the client.
Settlement was successfully negotiated for a total cost to our client of 57%. American Finasco also obtained a 42-month payout to the creditor with payments less than the original loan. Client was able to keep all of the computer equipment with minimal attorney fees being charged.
American Finasco is truly a marvel. To my knowledge, I have never dealt with such an efficient, smooth running operation. It was when I almost hit rock bottom; I still recall the day you made the call to my office offering your assistance. we met, discussed our financial situation, and almost two years later I can happily say we show a profit rather than a loss.
Thank you for proving to us that we don’t have to quit when times get rough.I am being very optimistic when I say we will no longer require your services, however, if ever needed, you will always be highly recommended to any of my colleagues regarding commercial credit counseling