Typically involves getting lenders to agree to reduce the interest rates or payments on loans, extend the dates when the company's liabilities are due to be paid, or both. These steps improve the company's chances of paying back its obligations and staying in business.

Click HERE to see a great example.

Business Debt Restructure is often a consideration when a company is going through financial hardship and is having difficulty meeting its obligations, such as debt payments.

Put simply, when a company owes more debt payments than it can generate in income on a monthly basis.