Behind in payments? Pay everybody a little

If you’re having a legitimate cash flow problem, without enough cash in hand to keep up with bills from your suppliers, you can get those overdue debts off your back — temporarily — by using what cash you do have convince the suppliers that your heart’s in the right place, and that in the end they will get all their their money. Solution: make partial payment to each of them, with an explanation that the rest will be forthcoming. It’s been my experience that a creditor will not make a fuss about what you owe, as long as he/she is getting partial payment every month.

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