Stopping Foreclosure on a Business

Q: Foreclosure proceedings have begun on my small business. I would like to halt these proceedings. Can you offer any suggestions on how to handle this? —T.M., Missouri

A: What options you have at this point depend largely on the severity of your financial situation and how you've tried remedying the problem so far. Consult a professional, such as a financial consultant or a bankruptcy lawyer, who can help you evaluate possible strategies.

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