Raleigh Chapter 7 Business Bankruptcy Lawyers
The Raleigh Chapter 7 business bankruptcy lawyers at the Bradford Law Offices, PLLC know that even the most well-run businesses may suffer from periods of financial distress for a variety of reasons. When issues related to debt and financial difficulties become overwhelming, business owners may be left wondering what options are available to them. For many companies, Chapter 7 bankruptcy may be an attractive and effective solution to their problems.
If your business is having trouble making ends meet, there are individuals available who can help you get the relief you need. Contact the experienced Raleigh Chapter 7 business bankruptcy lawyers at the Bradford Law Offices, PLLC today by calling (919) 758-8879 to schedule a time to meet with our team and learn more about the options available to you.
Understanding Chapter 7 Bankruptcy for Businesses
Chapter 7 is a bankruptcy option available to both families and businesses, and in many cases, it can result in the fast discharge, or elimination, of many outstanding debts. For many businesses, physical property will be sold at auctions or to interested buyers, and bank accounts and other assets will be combined to help create a fund that will be used to pay back creditors.
While there may be a few debts that are not eligible for discharge, in a successful Chapter 7 bankruptcy filing, the bulk of a company’s debts will be eligible for dismissal. At the Bradford Law Offices, our experienced Chapter 7 business bankruptcy attorneys are here to help you better understand how a Chapter 7 filing will affect your business and how you may be able to move forward with:
The Raleigh Chapter 7 bankruptcy lawyers at the Bradford Law Offices, PLLC understand how confusing this time can be for you. To learn more about what our team can do to help, or to further explore your legal and financial options, do not hesitate to contact us today by calling (919) 758-8879.