Bankruptcy for Real Estate Owners

Bankruptcy for Real Estate Investors & Landlords

With the state of the economy, apartment complexes, commercial real estate companies, construction and development firms, and residential home investors are increasingly finding themselves in an untenable financial situation. Accounts receivables become delinquent as tenants and business partners suffer, in turn making it increasingly difficult to meet the demands of your company’s creditors.

The Liviakis Law Firm is ready to help resolve your real estate investment financial difficulties. Our Sacramento law firm has a unique focus on guiding real estate corporations through Chapter 11 bankruptcy. To learn more about your options for debt relief contact our Sacramento real estate bankruptcy attorneys for a free initial consultation.

Citrus Heights, CA Attorney, Representing Real Estate Development Entities

Chapter 11 bankruptcy involves a significant amount of responsibility after filing, including:
  • Monthly reporting to account for all expenditures
  • Payment of quarterly fees
  • Court approval to make major financial decisions that are outside of the ordinary course of business

Despite this additional accountability, filing for Chapter 11 bankruptcy is ideal for real estate investors, developers and commercial landlords, as it provides the necessary time and framework to protect your investments from temporary financial difficulties — there are fewer time limits and more flexibility without a bankruptcy court trustee.

Importantly, through Chapter 11, you are also able to maintain a substantial amount of control over the sale of your property, with the primary goal of maximizing profit, instead of being forced to sell to pay creditors.

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    Client Testimonial

    Wonderful Bankruptcy Attorney!

    I retained Mr. Liviakis after a very bad experience with another lawyer who basically abandoned my case. Mr. Liviakis was thorough in his analysis of the law and the facts of the case and very prompt in responding to all of my questions. His professional handling of the case gave me confidence that the matter would be done right.

    Professional and Talented Attorney

    Very professional and talented bankruptcy attorney. He helped me though a very difficult situation. I recommend Liviakis to others in the community of Sacramento. Liviakis took time to answer all of the bankruptcy questions that I had. My case turned out very well. It was an easy experience and no stress at all.

    They Truly Cared

    After interviewing several lawyers, I decided to use Miki. Miki and his staff were knowledgeable and helpful throughout the process. They kept me informed every step of the way and made me feel like they “cared”. I have worked with a number of attorneys over the past 25 years and Miki is someone whom you can trust.

    Definitely Recommend

    I would definitely recommend Atty. Liviakis to anyone that I know that needs help to sort out their financial problem. Very easy to talk to and always prompt when I have questions. Chapter 11 Client

    Mikalah was the most informed and knowledgeable proffesional i have ever had the privilege to work with.not only did he handle our case succesfully,he treated us with dignity and respect in a very tough time. I highly recomend this attorney he is a man with integrity,a true professional.

    Chapter 7 Client

    Liviakis Law Firm was professional and empathetic to my situation. I felt that I could discuss my situation without judgment or feeling shame. I appreciated the quick communication and professional demeanor of all staff.