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	<title>Smart Business Advice &#187; sophie</title>
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		<title>DYI Debt Relief To Avoid Filing Bankruptcy</title>
		<link>http://www.small-businessadvice.com/dyi-debt-relief-to-avoid-filing-bankruptcy/</link>
		<comments>http://www.small-businessadvice.com/dyi-debt-relief-to-avoid-filing-bankruptcy/#comments</comments>
		<pubDate>Tue, 29 May 2012 14:42:03 +0000</pubDate>
		<dc:creator>sophie</dc:creator>
				<category><![CDATA[Financing]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Legal Docs]]></category>
		<category><![CDATA[Tax Help]]></category>
		<category><![CDATA[avoid bankruptcy]]></category>
		<category><![CDATA[bankruptcy protection]]></category>
		<category><![CDATA[debt relief for small business]]></category>
		<category><![CDATA[DIY debt relief]]></category>

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		<description><![CDATA[As commercial lenders are tightening their reins on borrowers, the prices for doing business are on the rise. Small business owners like you, might be drowning under a sea of debt. According to recent reports, last month around 8445 business organizations filed bankruptcy protection, not being able to cope up with their debts. Bankruptcy should bethe last option you consider, because as you know &#8211; this can spoil your credit record as well as your reputation. Though business debt consolidation firms are there to help you out, you should always try out some DIY debt relief steps first. Check them out. Curb costs: When your business is in debt, you should identify the parts that specially got you into debt and attack them directly. If you find out that the customers aren’t paying you on time, you should call them and tell them about the importance of their cooperation. With extreme cases, you can even turn over the accounts to the debt collection agencies so that collection efforts can easily help you recuperate the funds. Free up cash by selling off the equipments that are lying unused. Formulate a budget: If debts keep on piling up, you should revisit your [...]]]></description>
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