Your steps to a debt-free future
1. Simply complete our online contact form or call us now
2. Our specialists will arrange a meeting to review your best options
3. Gain peace of mind at last, knowing you’re in safe hands
Reduced cash flow, bills stacking up, and now the effects of the Covid-19 pandemic can make paying a commercial lease difficult. With so many financial pressures on businesses these days, this is an increasingly common scenario.
Failure to pay on time can result in swift legal action from Landlords in order to recover losses. They may not even have to take legal action to go down this route.
Update: Currently, the Coronavirus Act protects tenants. It was brought in to block landlords from acting against tenants who fall behind on rent. It has been extended through to __ but, it is a temporary measure that will come to end. This will put many tenants in a vulnerable position and it is important to act now to clear arrears.
Although they may be the last person you want to talk to, negotiating is the best option when faced with cash flow issues.
Whether your problems are temporary or more long-term, it is important to ensure your landlord is informed to make sure they understand you are not intentionally avoiding payment.
Dialogue with your landlord can help alleviate lease pressures but they are often a sign of larger issues. Rent is a priority payment and falling into arrears can represent major problems to come.
By seeking professional advice you can position yourself to take charge of the situation before it spirals out of control.
From the outset, we establish clear bottom lines with our clients, so we understand what their priorities are and what must be protected. We then create a strategy to navigate the way out of corporate and personal debt with impartial advice and rigorous action.
There are some very sharp minds at Bell & Company, so we’re extremely adept at finding unconventional strategies and solutions to resolve our clients’ debt dilemmas. This means that when you’re with us, you can be assured that we’re working for your best possible outcome.