Raleigh Chapter 11 Bankruptcy Attorneys
The Raleigh Chapter 11 bankruptcy lawyers at the Bradford Law Offices, PLLC know that businesses may carry significant debt for a number of different reasons. For newly started businesses, it is not uncommon for debt levels to be considerable for several years, due to high start-up costs and sometimes unreliable revenue streams. Even existing businesses may be required to carry large amounts of debt during difficult economic stretches or as an operating cost. However, if the debts a business owes become unmanageable, it may be necessary to pursue Chapter 11 bankruptcy protection to resolve the problem.
In spite of the negative connotations some people attach to bankruptcy, it can actually be an extremely useful tool to both businesses and private individuals alike. If you or someone you know owns or operates a business that is struggling to manage its debt problems, an experienced legal professional can help you understand the full range of options available to you. Contact the Raleigh Chapter 11 bankruptcy lawyers of the Bradford Law Offices, PLLC today at (919) 758-8879 to speak with a qualified member of our legal team.
How We Can Help
At the Bradford Law Offices, PLLC, we fully understand the ways that Chapter 11 bankruptcy could positively affect your company. If you are considering Chapter 11 as a solution to your unmanageable debt, contact us today to learn more about:
There are a number of different features of Chapter 11 bankruptcy from which a business may benefit, and just some of these include:
- The ability to keep a business running during the bankruptcy process
- Protection against creditor harassment
- Possibility of obtaining loans at favorable rates
- Litigation against the debtor is put on hold
These and other benefits have made Chapter 11 bankruptcy an attractive option for many businesses facing significant financial problems, and it may be right for you. Contact us today to learn more.
If you or someone you know is struggling to resolve their business’ financial issues, you should speak with a knowledgeable legal representative who can help you determine the best course of action going forward. Contact the Raleigh Chapter 11 bankruptcy attorneys of the Bradford Law Offices, PLLC at (919) 758-8879 today to discuss your situation.