Chapter 7 Business Bankruptcy And Chapter 11, Subchapter 5 Small Business Bankruptcy Solutions
Looking to liquidate or reorganize your business because of overwhelming debt? At Vance P. Truman, Attorney at Law, I guide businesses through bankruptcy solutions.
Chapter 7 business bankruptcy offers business owners an opportunity for a quick and easy means to liquidate their business and dissolve the business entity regardless of the legal structure, i.e. corporation, LLC or partnership.
Chapter 11, Subchapter 5
The small business Subchapter 5 provides an opportunity for small business owners to hit the pause button and give them room to negotiate with lenders, landlords and other creditors.