Solutions for Struggling Businesses
Business Bankruptcy Services
Facing financial challenges in your business? Our services help companies reorganize, restructure, and find the right path forward.
Debt Restructuring for Chapter 11
We create detailed reorganization plans to help businesses repay creditors while maintaining operations.
Business Closure Support
If closing is necessary, we’ll guide you through Chapter 7, ensuring compliance and asset distribution.
Creditor Negotiation
Our team works to negotiate terms with creditors, aiming for the most favorable outcomes for your business.
Your Business Questions Answered
What’s the difference between Chapter 7 and Chapter 11 for businesses?
Chapter 7 involves liquidation and closure, while Chapter 11 allows for reorganization and continued operation.
Can small businesses file for Chapter 11?
Yes, there are provisions like Subchapter V of Chapter 11 designed specifically for small businesses.
How long does the Chapter 11 process take?
Timelines vary based on the complexity of your case, but most businesses complete the process within several months to a year.
Will I lose control of my business during Chapter 11?
In most cases, business owners retain control under a debtor-in-possession model while working through the reorganization plan.
Are there alternatives to bankruptcy for businesses?
Yes, options like debt negotiation or loan modifications may be viable alternatives. We’ll review all possibilities with you.