Bankruptcy Solutions for Businesses
Despite your hard work and sincere effort, sometimes businesses need a little help dealing with debt. Through unforeseen or unavoidable factors, businesses oftentimes find themselves unable to keep up with monthly debt payments, or payments that will soon be coming due.
The attorneys at Leiderman Shelomith Alexander + Somodevilla, PLLC (“LSAS Law”) have experience dealing with a wide variety of businesses across a wide range of industries. We sit down with each business owner and discuss all of the available options for dealing with debt, whether those options involve bankruptcy or bankruptcy alternatives. We will not recommend bankruptcy unless it is the very best option for overcoming dealing with debt strategically and effectively.
Some of the types of entities we have represented have been:
- Limited Liability Companies
- Sole Proprietorships
- Professional Associations
We have experience representing companies that range from small mom-and-pop establishments to companies with over $10 million of annual revenue. Are clients come from a multitude of industries, including:
- Real Estate
The attorneys at LSAS Law personally discuss with each business owner all of the options available for the business and we implement those strategies in an efficient, effective and compassionate way. We think of strategic solutions that other law firms may not know about or have familiarity with. For example, some of the solutions we have implemented include:
- Chapter 11 bankruptcy
- Chapter 7 bankruptcy
- Assignment for the Benefit of Creditors
- Out-of-Court Workout with Creditors
- Out-of-Court Restructuring
- Composition Agreements
- Asset Sales to Third Parties
For a fresh, strategic and thorough analysis of the options available for your business, call LSAS Law today for a no-cost initial consultation to see which solution is best for you.