Small Business Bankruptcy Options

If you are a business owner and your business is struggling financially in this difficult economic climate, you should speak to an experienced bankruptcy attorney to review your options.

The first question a bankruptcy attorney will ask you is: How is your business organized? Are you a sole proprietorship (you file a Schedule C for the business on your personal taxes), a Corporation, an LLC or a Partnership?

If your business is organized as a Corporation, an LLC or a Partnership, these types of corporate forms are considered “a person” or separate “legal entities” that would file bankruptcy in their own name, not your individual name. These entities may file either a Chapter 7 bankruptcy (called a liquidation) or a Chapter 11 bankruptcy (called a reorganization).

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Chapter 13 Bankruptcy: Personal Debt Reorganization

Financial distress can come from many situations.

Whether it is trouble stemming from job loss, divorce, medical emergency, or something else, personal bankruptcy provides a legal and acceptable method to get out of debt and get a fresh start.

Folks often want to learn more about their options through bankruptcy. They have typically heard about Chapter 7 and Chapter 13, but are not sure about the difference between the two. Through a detailed, personalized consultation, we will examine your finances and determine your best option.

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Chapter 7 Bankruptcy: Total Liquidation

If you are facing out-of-control debt, it is wise to immediately seek the counsel of an experienced bankruptcy lawyer.

Whether it is trouble stemming from job loss, divorce, medical emergency or something else, personal bankruptcy provides a legal and acceptable method to get out of debt and get a fresh start.

Folks often want to learn more about their options through bankruptcy. They have typically heard about Chapter 7 and Chapter 13, but are not sure about the difference between the two. Through a detailed, personalized consultation, we will examine your finances and determine your best option.

You don’t need to continue drowning in debt. We can throw you a life preserver!

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Bankruptcy Is a Life Affirming Way to Get a Fresh Opportunity to Begin Anew

Job loss, a medical emergency or divorce – these days, we are all one life-altering event away from financial devastation. The constant struggle to pay off bills you can’t afford is an awful way to live. It feels like you are swimming against a tidal wave, and it leaves you gasping for air for all the time.

When you are in debt, this feeling almost never leaves you. And when it does, it seems like that’s when you receive a call from a collection agency that reminds you of the difficult situation you are in. When this happens, it is wise to contact a knowledgeable bankruptcy attorney like myself, who can guide you toward a fresh start.

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