Debt Restructuring

Debt Restructuring Strategies: How Businesses Can Negotiate with Creditors and Survive

Debt Restructuring Strategies: How Businesses Can Negotiate with Creditors and Survive

Mounting debt is one of the first signs of financial distress for many businesses. However, with the right approach, debt doesn’t have to lead to insolvency. Debt restructuring offers a path to survival by negotiating better terms with creditors, including ZIMRA, banks, NSSA, and suppliers. What is Debt Restructuring? Debt restructuring involves altering the terms…