When business debts increase beyond what a company can pay bankruptcy is not always necessary in order to reduce those debts. Farias-Jett can assist companies in discussing with creditors the issues, payment extensions and rearrangements, even debt reduction. We can help creditors understand the benefits of allowing a business to stay open while negotiating the debt as opposed to perhaps forcing the company to close its doors.

We help businesses project upcoming profits as well as expected taxes and in some cases we have the ability to ease stress on a business by minimizing the taxes they have to pay overall. Farias-Jett also assists in the Offer-in-Compromise process to settle legitimate tax debt.