We have some experience in business, buying and selling tings for profit. We got an idea which we really think is cool, something people are gonna like.
Basically we would like to go into debt $400 over what we are already in debt to get this started. Right now we do not have any income but we will start to get a little income in a few weeks.
I have incurred over 100k to keep my business going when times got tough my business now takes care of its own and i break even barely the card payments are killing me even though i am making them regularly i am sick of playing balance transfer and if my business suffers or slows down i am in trouble my question is what do i need to do to settle with card companies and what effect will it have on my business can they put a lien on my business i am sole proprietorship no corporation should i incorporate if i am gonna do debt settlement any feedback woud help thanks.
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