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Business Debt Serving Families Throughout Massachusetts and Connecticut

Massachusetts Business Debt Attorney

Helping Business Owners Deal with Debt Mitigation & Management

The U.S. economy is supported by more than 25 million small businesses that are each essential to connecting consumers with the products and services they need. Operating a small business, however, is anything but easy. For many, taking on debt is an undesirable but necessary course of action when they want to expand their businesses or need to remain afloat during difficult times.

If your company took on debt for any reason and need help getting out of it, turn to The Law Office of Glenn F. Russell, Jr. for help. Our attorney has nearly two decades’ worth of experience when it comes to providing business owners the solutions they need to manage or mitigate their debt.

We can help you address issues such as the following and more:

Want to learn more about how we can help you deal with your business debt? Schedule a consultation with our Massachusetts business debt attorney at The Law Office of Glenn F. Russell, Jr. to learn more about our services and how we can support you during this time. Attorney Glenn F. Russell has the extensive knowledge, unique experience, and aggressive approach it takes to achieve unparalleled results for his clients.

Call (888) 400-9318 now or fill out our online contact form to get in touch with The Law Office of Glenn F. Russell, Jr. and schedule a consultation to get started.

Do You Have a Merchant Cash Advance?

Many business owners take advantage of merchant cash advances when they need quick access to capital for a brief period of time or want to side-step the stringent credit requirements of a traditional term loan.

Not technically loans, merchant cash advances are based on the credit and debit card sales of your business. If your revenue has dried up due to a downturn in business, meeting the requirements to pay back the merchant cash advance may eventually force you into considering alternative options.

Two alternative options may be available to you at this time include:

  • Settling your debt with your lender for a lesser amount
  • Modifying the terms of your merchant cash advance with your lender to make it more affordable to pay back with the level of business you’re

Pursuing either of these options will require an experienced business debt attorney in Massachusetts like ours at The Law Office of Glenn F. Russell, Jr. If your lender is refusing to provide relief, we may be able to help you seek by other means, such as Chapter 11 bankruptcy.

SBA Loan Negotiations and Settlements

If you took on a loan from the Small Business Administration (SBA) and are now struggling to afford it, no one will fault you for feeling a little nervous at this time. In order to qualify for an SBA loan, you signed a personal guaranty – this means that your personal assets and property may also be at risk if you default.

Rest assured that this is not a certainty if you act quickly to get the legal support you need. The Law Office of Glenn F. Russell, Jr. can help you negotiate an SBA loan modification, deferment, or settlement to save not just your personal finances, but even your company as well.

Our business debt attorney in Massachusetts has the knowledge, skill, and experience it takes to represent SBA loan borrowers in negotiations with the SBA and lenders. Reach out to us for assistance if you are unable to afford payments on your SBA loan.

Do You Need Legal Assistance?

The Law Office of Glenn F. Russell, Jr. is here to provide support to business owners who need debt relief options. Running a business doesn’t always go as planned, and dealing with debt can quickly become a nightmare if you don’t act as quickly as possible to get the help you need to manage your situation.

We can provide the legal support and services you need to deal with business debt whether it’s an SBA loan, merchant cash advance, or something else you’re now struggling with. Rest assured that The Law Office of Glenn F. Russell, Jr. can help you get out of a tough financial situation for your business while mitigating the impact it may have on other areas of your life.

Learn more about us and how we can help by scheduling a consultation. Reach out to us online to schedule yours today!

Are You...

  • Looking for legal advice?
  • In need of a legal consultation?
  • Looking for answers?

The Law Office of Glenn F. Russell, Jr. is here to help you and provide legal guidance as needed.

Hear From Our Happy Clients

"Attorney Russell has been God-send to us!"
Attorney Russell has been God-send to us! He took our cases and turned them around! Best lawyer we've ever had!
- Earl F.


  • Do I really need a foreclosure lawyer?
    Absolutely. Should you need foreclosure defense counsel, only an experienced attorney can determine which course of action is best for you. Whereas predatory scam artists try to prey on your financial vulnerability, a skilled foreclosure defense attorney genuinely can look out for the best interest of you and your family. Legal advice must be practical and efficient in order to be effective, so if you need strong legal guidance, trust that The Law Office of Glenn F. Russell, Jr. can offer the counsel needed to successfully navigate the complicated legalities of foreclosure or bankruptcy.
  • Third parties are offering to help my foreclosure process. How do I know who to trust?

    Perhaps one of the greatest obstacles individuals encounter during the foreclosure process is learning who to trust and who to avoid. Due to the nature of the foreclosure process, descriptions of any homes being foreclosed may be published and accessible as public information. It is a sad truth that there are fraudulent companies that prey on public lists of foreclosing homes and attempt to take advantage of a people's financial vulnerability.

    You may be contacted by mortgage brokers, mortgage negotiators, or mortgage holders. You may also be contacted by a Massachusetts bankruptcy attorney or a private financier who offers to help you sort out your finances. These parties may be dependable sources of legal and helpful advice during your foreclosure.

    Unfortunately, there are frauds and scam artists who will try to take your home or your money without providing any sort of service. A general word of advice we give to clients to follow is: If a deal sounds too good to be true, it probably is. Avoid scams with the help of a qualified attorney from our firm!

  • What happens at a foreclosure sale?

    It doesn't happen all the time, but if you have exhausted all of your legal alternatives and feel as though a foreclosure or short sale is the last resort, you need to know what to expect.

    No foreclosure sale is exactly the same, but for the most part, the foreclosure sale process typically involves the following:

    • Lenders must first send a notice of a foreclosure to the homeowner. The notice must be sent at least 14 days prior to the foreclosure sale date.
    • A foreclosure sale will take place at the date, time, and place specified in the foreclosure notice.
    • The foreclosure sale will be conducted by a licensed auctioneer. The auctioneer will read various legal notices, descriptions, and documents pertaining to the property.
    • The auctioneer will take bids on the property, take deposit checks, and accept the highest bid to close the foreclosure property sale.
    • Parties - including the mortgagor, the purchaser, and the auctioneer - will draft a foreclosure deed, which must be recorded and filed at the Registry of Deeds.
    • A grace period - typically 30 days - will be given to allow the purchaser to line up financing.
    • A closing will take place, and the new owner will formally take title to the foreclosed property.

    All monies paid by the new purchaser will go toward paying real estate taxes, owed mortgages, and payments to creditors or other debts owed on the property. If no one at the foreclosure sale is able to bid a high enough amount to cover the debt of the property, then the balanced owed - called a deficiency - would then be the liability of the old owner.

Why Choose The Law Office of Glenn F. Russell, Jr.?

  • 100's of Clients Helped
    Glenn has helped hundreds of clients through their bankruptcy & foreclosure issues.
  • Offering 100% Free Consults
    Talk through all of your legal options during a free consultation.
  • Over 15 Years of Experience
    Glenn has been stepping forward to help homeowners through foreclosure for years.

Contact The Law Office of Glenn F. Russell, Jr. Today!

We’re Ready to Help

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