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FILING BUSINESS BANKRUPTCY IN FLORIDABANKRUPTCY HELP FOR FLORIDIANS
Businesses all over the United States – and indeed the world – are struggling to recover from 2020 financial crisis fallout caused by the COVID-19 pandemic. As such, many business owners are considering bankruptcy. However, bankruptcy can be a very intimidating and isolating process, especially when you are unsure of what steps to take and how the process works. When that is the situation that you are facing, it pays to partner with a bankruptcy attorney who can help you navigate through the process. That’s where we come in!
Our extensive legal knowledge and experience can help guide you through the often-overwhelming process of bankruptcy, regardless of which chapter you choose or what your unique financial situation is. The professionals who comprise our team have been practicing since well before the current financial downturn and can help you make sense of planning a future for the years to come. We have seen the trends and we can assist you with overcoming the obstacles and understanding the options as they apply to your situation.
Is bankruptcy really the right choice for you? Should you choose Chapter 7 or Chapter 11? What do you do if you do not meet the criteria for your first choice of chapter? These are all questions that partnering with a professional can help you answer. When it comes to considering bankruptcy in Florida, you certainly are not alone – and you don’t have to feel like you are when you work with our team.
CHAPTER 7 BANKRUPTCY
Discharge your debts and begin rebuilding your financial future with a Chapter 7 bankruptcy. Best for those with drastic debt scenarios seeking relief and a fresh start.
FREQUENTLY ASKED QUESTIONS
WHEN IS THE RIGHT TIME TO FILE FOR BUSINESS BANKRUPTCY?
There is no hard and fast timeline for when to begin the bankruptcy process. However, if you find that you are struggling with payments and failing to catch up on past-due debts, it may be time to seek help. A business bankruptcy might be just the help your company needs.
WILL I HAVE TO CLOSE MY BUSINESS TO SETTLE DEBTS?
Not necessarily. It is important to note that some business bankruptcies will lead to business closure. Likewise, failing to restructure and manage debts via Chapter 11 may lead to more drastic measures, so always review your options with a bankruptcy attorney before moving forward.
HOW DO I GET STARTED WITH A BUSINESS BANKRUPTCY?
Your best bet is always to start by discussing your options with a legal professional. Their knowledge will help you make the right choices for your company’s unique financial situation – and help you create a plan that will give you the best shot at a more profitable future!