Whittier Business Bankruptcy Lawyer
La Habra Chapter 7 Bankruptcy Attorney for Businesses
Businesses may be eligible for Chapter 7 bankruptcy if they meet certain criteria. In some cases, restructuring the business’s debts is not possible. In others, the business lacks significant assets. Regardless of the reason, filing Chapter 7 means going out of business when the bankruptcy process is completed.
At the Law Offices of Nicholas Gebelt, we assist businesses to file for Chapter 7 bankruptcy. We have represented retail stores, nonprofit organizations, sole proprietorships, and start-up businesses. If Chapter 7 is the right option for your business, attorney Gebelt will help you through the process. Give us a call at (562) 777-9159 to talk to our Whittier Business Bankruptcy Chapter 7 Lawyer.
- When Should A Business File For A Chapter 7 Bankruptcy?
- Is Filing A Chapter 7 The Right Option For Me If I Am Liable On A Personal Guarantee?
- What Is The Process For A Chapter 7 Business Bankruptcy?
- Will The Automatic Stay Go Into Effect If I File A Chapter 7 Business Bankruptcy?
- Will I Still Owe Creditors Who Have Not Been Paid In Full After A Chapter 7 Business Bankruptcy?
Debt Relief for Businesses in Southern California
In Chapter 7 bankruptcy, a trustee is appointed to handle the liquidation of all of the business’s assets. For business owners, this can be especially helpful because the Chapter 7 trustee does all of the work of administering the assets and resolving the liabilities. It should be noted that businesses do not receive a discharge under Chapter 7 because at the conclusion of the case the business has been completely liquidated and therefore ceases to exist.
If Chapter 7 is inappropriate for your business, you may wish to consider a business reorganization Chapter 11. We will help you determine which option is right for your business. Our California business Bankruptcy chapter 7 Attorney understands the local laws and will do everything to make the process as smooth and hassle free for you. Call us at (562) 777-9159 to speak with our Whittier, CA business Bankruptcy Chapter 7 lawyer. We offer a Free 20 min Strategy Session to our clients.
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