Maple​‍​‌‍​‍‌​‍​‌‍​‍‌ Lane Fashions, a neighborhood fashion retailer, was facing difficulties in maintaining high weekly payments while trying to keep a competitive edge in a challenging market. The business had total debt of $35,942.80 and was making a weekly payment of $972, leaving very little room for operating costs and stock purchases. The financial pressure at the beginning hampered both the business and the owner's well-being.

The owner, overwhelmed by the situation, contacted FCDS for help. Following a thorough financial review, our team negotiated with the creditors to restructure the debt. A large part of the stress was therefore alleviated. The outstanding amount was reduced to $28,000, and the weekly installment to $565.

There was a lawsuit underway at the time, but our team handled it professionally and ensured the client’s business operations were not affected. With our efforts, less money is being spent on payments. Maple Lane Fashions regained the opportunity to once again focus on increasing sales and regaining customer trust.

At present, the company is sound and getting on with a firmer financial base. The story here is that it is possible to find the right debt relief solution even if a court case is involved. It is an example of turning a difficult situation into a manageable way of ​‍​‌‍​‍‌​‍​‌‍​‍‌recovery.