The following are examples
of credit challenges that our clients have faced and how Fuselier
& Associates was able to help. Due to the critical nature
of our business and our guaranty to each client of 100% confidentiality,
we have used examples of our work instead of testimonials.
Should you be interested in contacting some of our clients
as references, this could, and would, be arranged after we
have contacted you and you understand the workings of our
program.
A Large Media Company in Texas
being forced into Chapter 7 because of a $240,596.60 law
suit due to debt. The company was saved after Fuselier &
Associates negotiated a settlement of this debt for $75,000.00
to be paid at $5,000.00 per month for 15 months with no
interest.
A Large Publicly Traded Security
Company in Virginia had slow times and had
$4,200,000.00 in payables. The company received more than
50 calls a day from irate creditors and harassing collection
calls that forced a virtual work stoppage. Fuselier &
Associates stopped all creditor calls within 7 days and
have currently settled $2,500,000.00 of debt for $780,967.01.
A savings of more than $1,600,000.00.
A Small Art Gallery in Texas
was to be taken over by a receiver on Monday, but Fuselier
& Associates intervened the Friday before and turned
a $30,000.00 judgment to a $19,000.00 settlement with a
38-month payout at $500.00 per month. The business stayed
in the owner’s hands.
A Large Construction Company
in Louisiana was on the verge of a Chapter
7 bankruptcy because it had endured bad times for two years.
The company had laid off a significant portion of their
office staff and the remaining staff had given notice of
leaving because the harassing collection calls had become
abusive and there were more than 75 of these types of calls
each day. This company was faced with 10 judgments, 93 lawsuits,
72 collection agencies and 275 vendors. Fuselier & Associates
stopped all collection calls in 8 days and settled the 10
judgments in 60 days. Fuselier & Associates is currently
working with the other payable problems, and the company
employees and officers are now doing what they do best —
making money.
A Demolition & Contracting
Company in Texas came to Fuselier & Associates
with 5 judgments, 6 lawsuits and 10 creditors and was afraid
its bank account would be garnished and the company would
have to shut down. Fuselier & Associates settled all
credit problems over a year and the company’s bank
account was never garnished. The total amount of debt was
$725,807.63, which we settled for $320,880.19, giving our
client a savings of $404,927.44.
A Large Manufacturing Plastics
Company in Louisiana and Texas wanted to sell
its Texas operations, but needed to settle the debt for
those operations. The company had $205,075.00 in debt, which
Fuselier & Associates settled at 23 cents on the dollar
for a savings of $157,907. All settlements were completed
within 3 weeks.
A Small Trucking Company in
Texas and New Mexico was on the verge of going
into Chapter 7, which would have put the company out of
business. This outcome was not desirable after all the years
of hard work that had gone into the business. Fuselier &
Associates stopped 2 judgments, assisted the client with the resolution of 5 lawsuits. After the
company was back on its feet financially, it hired Fuselier
& Associates on an ongoing basis in an effort to keep
the operation debt-free. After two years, the company remains
a profitable and growing business.
Fuselier & Associates can achieve the
same results for you. Contact us today.