The idea of being your own boss and achieving that entrepreneurial dream of building a successful business from the ground up has motivated many to start small businesses, investing untold amounts of time, energy, and money. The sad reality is that most new businesses started each year will fail, no matter how good the product or service offered is, leaving a trail of debt in their wake. Bankruptcy is usually the next step.
At Bennett, Weston, LaJone & Turner, P.C., we work with debtors and lenders in bankruptcy proceedings under Chapter 11 and Chapter 7 bankruptcy proceedings to help you survive the financial blow, and creditors maximize their returns. Contact our business bankruptcy lawyers today.
We provide critical legal assistance in the following matters:
- Chapter 11 Proceedings
- Creditors’ Rights in Chapter 7 and Chapter 11 Proceedings
- Payroll and Executive Compensation
- Business Operations and Banking Relations
- Cash Collateral Orders
- Employment Orders
- Sales of Assets
- Reorganization Plans
- Automatic Stay Litigation
- Perfection of Claims in Bankruptcy Proceedings and Prosecution of the Payment Thereof
If you find your business is no longer a financially feasible concern and you are contemplating filing for Chapter 11, rely on our seasoned business bankruptcy attorneys to create a plan to help you and your business survive.
As an institution lending money to businesses or consumers or real estate counter-party such as a landlord or mortgage lender, you rely upon the financial success of your clients. But when these business entities or individuals file for bankruptcy, your goal is to recoup as much of your investment as possible either through payment or the assets of the debtor’s estate. At Bennett, Weston, LaJone & Turner, P.C., we help to achieve the best possible outcome in difficult financial situations.