Well, forutnately I'm not the business owner, but I am trying to help a friend get his business out of massive debt. He had an ongoing illness during which none of his employees knew how to run the company and they basically were robbing Peter to pay Paul by the end of the whole ordeal. They knew how to do the physical labor and they really did an amazing job keeping the company doors open when they knew nothing about business management. Don still has payments on all of his vehicles and equipment, so the debt load is high. He doesn't have a surplus of equipment or anything they can sell off. Making the situation worse is the fact that his credit is a complete mess, so a loan is out of the question. His father has given him enough cash to get things stablized to the point where every check written didn't bounce, but daily we go through a process where we scrutinize every single invoice and see if there are any jobs where I can go to the customer and pick up a check. It's very nervewracking because we can usually get enough to break even, but not to start making a dent in the debts. At this point I'm scratching my head wondering if there's anything that can be done for the company. I've starting by just organizing everything, because the filing, bookkeeping and the quoting/invoice system was completely out of control. Now that I've got a handle on that, I can clearly see that he is about two payments behind on the vehicles and all the equipment, not to mention what is owed to vendors, unemployment and state sales tax. All of which would easily add up to about 50K. He has 7 employees total, some FT others PT. So his payroll with taxes alone is generally $2500 weekly and that is when he does not allow himself to get a check. Has anyone out there gone through a similar situation and if so what resources are available to a small business owner who has no credit and is trying to dig their way out of a mountain of debt? I've only dealt with my own business - no employees, no payments, minimal hassle. I'm probably in over my head with his problems, but I've been diligently seeking a way out that doesn't involve bankruptcy, so if anyone has any suggestions, please feel free to post, send a PM or e-mail me. Thank you.