Emerge 180 | Case Studies

Pet Store
A New York pet store owner made the costly misjudgment of expanding his business and found himself in a highly stressful situation of owing over $325,800.00 to his creditors. The owner believed his only option was to file for bankruptcy.

Emerge180 provided an alternative solution to bankruptcy by settling these claims for $167,410, producing a savings of over half of the original debt and allowing him to continue operating his business without the financial distress.

Construction
A lucrative Construction Company operating out of Illinois was getting more than their share of new projects; however after an act of Mother Nature, they were sent tail spinning financially out of control due to massive facility damage and extensive equipment loss. They were temporarily shut down and unable to complete any contracts resulting in an excess of $74,000 due to creditors.

With the skillful negotiations of Emerge180, we were able to execute settlements with reasonable short-term payment schedules to begin the debt recovery process. This provided a sense of relief for our client and created a very positive turnaround out of a severe and dangerous situation for the company. They saved $44,000.

Metal Supply
A Metal Supply Company in Illinois experienced a slight decline in business and found themselves in a creditor lawsuit totaling over $63,000 for monies owed.

Emerge 180 successfully negotiated a settlement with their creditors, which saved them over $39,000, as well as allowed them to continue doing business. All while avoiding the hassle of court dates and expensive attorney fees.

Nursery / Garden Supply
A wholesale nursery out of New York had remained a profitable business until the lifetime owner found himself facing a very serious illness. Although his family tried to keep things running smoothly in his absence, his financial obligations totaled over $70,000. Creditors began threatening this once highly successful business with legal actions.

All pending claims were negotiated successfully by Emerge180, resulting in a savings for the business of more than $36,000. This provided the client the peace of mind to address his illness without the worry of any financial obligations.

Air & Heating Firm
Facing uncollected receivables, past due debts amounting to $14,250 and legal actions by creditors, a small air conditioning company knew they needed to do something or they would lose their business.

Once our highly qualified staff began working with the client, the danger factor was reduced significantly. We assisted the owner with the collection of receivables and created cash flow by securing debt-reduced settlements, all while saving our client approximately $7,500. We also obtained an affordable pay schedule to another creditor. By eliminating the emotional burden of the company’s financial stress, the necessary “breathing room” was created for them to begin financial recovery.