Settling business accounts is possible in the same way that you settle your personal credit card accounts, but it differs in that it directly affects your company. Defaulting on a business loan will probably lead to headaches if you’re planning to keep the business going, as vendors and suppliers will start requiring cash payments to continue working with you. Some banks also treat business accounts differently, so settling a credit card debt might turn out to be much harder on business accounts. Debt resolution companies can certainly help you resolve the situation.