When your debt problems put your business at risk, it is stressful and frightening. Your livelihood is in jeopardy, and you need to know how you can get back on track financially. At Horwitz & Horwitz, LLC, we can help you explore your options and determine if bankruptcy is right for you. Call our firm today to speak to a Centerville small business bankruptcy attorney.
Filing for bankruptcy can allow you to resolve your financial difficulties, and it doesn’t have to mean the end of your business. Many businesses continue to operate even after the owner files for bankruptcy. In some cases, bankruptcy can help a business thrive by stopping creditor actions.
Filing for bankruptcy for your business may also protect your personal property. How bankruptcy will affect you depends on the type of business you own and the amount of personal assets you have tied up in the business. Depending on your situation, you may be able to file a Chapter 7, Chapter 13, or Chapter 11 bankruptcy. If you are the sole proprietor of a company, you and your business are considered the same entity. As a result, you must file a personal consumer bankruptcy. If you have a partnership, LLC, or corporation, other options are available to you.
Every situation is different. At Horwitz & Horwitz, LLC, we work with you to understand your unique situation and determine the option that best fits your needs. We know how important this is to you, and we are committed to providing personal attention every step of the way.
Contact us today for a free consultation with an experienced Centerville small business bankruptcy attorney. Don’t wait to find out what you can do for your business.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.