Starting a new business is a dream held by many Texans. 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. Sadly, most new businesses started each year will fail, no matter how good the product or service offered. Many entrepreneurs find their dreams dashed on the rocks of debt. A call to a Dallas bankruptcy attorney soon follows.
The bankruptcy lawyers at Bennett, Weston, LaJone & Turner, P.C. work with both debtors and creditors under Chapter 11 and Chapter 7 bankruptcy proceedings. Our savvy business lawyers can assist debtors with a strategic plan to best survive the financial blow of commercial bankruptcy. We also help creditors pursue the best financial outcome in a bankruptcy proceeding.
We are pleased to provide our clients essential legal assistance in the following commercial bankruptcy 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 commercial bankruptcy attorneys to create a plan to help you and your business survive.
As an institution lending money to businesses or consumers or as a real estate counter-party such as a landlord or mortgage lender, you must rely upon the financial success of your clients. When these business entities or individuals file for bankruptcy, your must recoup as much of your investment as possible either through payment or the assets of the debtor’s estate. The Dallas bankruptcy lawyers at Bennett, Weston, LaJone & Turner, P.C., we help to achieve the best possible outcome in difficult financial situations.