Chapter 11 Bankruptcy
Chapter 11 BankruptcyHigh net-worth individuals and small businesses need relief from large debts when their circumstances change but chapter 13 and chapter 7 bankruptcy do little to help reverse mounting financial pressure. That’s why chapter 11 bankruptcy is often the best choice for those individuals and businesses with complex debt problems and assets with significant value.
If you are facing collections actions by your creditors, the Liviakis Law Firm is ready to help. Unlike many bankruptcy law firms serving the Sacramento region, I place a strong focus of my law practice on helping high net worth individuals and business owners with debt relief through Chapter 11 of the U.S. Bankruptcy Code. Chapter 11 bankruptcy is employed mostly by corporate entities seeking protection from creditors’ actions against them. Contact me, a Sacramento Chapter 11 bankruptcy attorney, for a free initial consultation.
Owning and operating a small business in Northern California means you put your financial life on the line every day. Even a minor downturn in business can result in juggling payments to creditors. Within months, your vendors can begin cutting off supplies, and creditors can start squeezing you for money you don’t have.
Folsom Small-Business Bankruptcy Attorney, Advising on Automatic Stays of Execution to Remove Liens and Stop Collections ActionsWhen your business files for bankruptcy protection under Chapter 11, the creditors’ collections actions pending against you in court are stopped immediately, including mechanic’s liens and repossession of your business property. I will begin working with your creditors and vendors immediately to find a solution for repaying your debts under a court-supervised debt reorganization plan. In most cases, interest payments will be reduced, and penalties and fees that have accumulated can be significantly reduced or eliminated. The Liviakis Law Firm has earned a reputation among business creditors and bankruptcy trustees for resolving complex business debt issues with common sense, intelligent solutions that make sense for all parties.
Use Business Debt Reorganization to Build a Successful Future for Your Family With the Help of a Folsom Business Debt Reorganization LawyerEvery business operates on cash flow. If meeting your debt obligations has significantly affected your capacity to fill orders or meet payroll, I can help you get the debt relief you need. In addition to Chapter 11 bankruptcy and debt relief services, I also provide personal estate planning services for business owners, including wills, trusts and business succession planning to ensure that your success stays in your family.
With offices conveniently located in Rancho Cordova and Sacramento, I represent clients in communities throughout Sacramento County, El Dorado County and Placer County, California. My offices are open 9 a.m. to 5 p.m. Monday through Friday and include free parking.
Contact an office near you for a free initial phone consultation with an experienced, knowledgeable Sacramento and Folsom small-business bankruptcy lawyer who is ready to help you start building a secure financial future. The bankruptcy lawyer you hire will make a difference in the outcome of your case and the outlook of your financial future.