Chapter 7 Business Bankruptcy Lawyer in New Jersey
New Jersey Chapter 7 Bankruptcy Services for Businesses
Chapter 7 for businesses is often a good fit when the business can no longer carry on operations and meet its financial obligations. Filing will both wind up operations and put creditors on notice that the business either does not have the assets, or ability to pay its debts. This process can save an insolvent business the time, expense and stress of enduring multiple lawsuits that might otherwise be filed creditors.
Filing chapter 7 as a business can be both involved and complex. A lawyer is critical to assist insolvent businesses with both preparation and filing to petition in the appropriate jurisdiction, along with ensuring all required schedules and statements are accounted for. We also represent our clients through the 341 creditors’ meeting and debtor examination, providing advice and counsel throughout the process. For business owners filing a Chapter 7 consumer bankruptcy, you may be able to keep your business and avoid the bankruptcy of your business
Contact A Chapter 7 Bankruptcy Lawyer In South Jersey Today
If you are facing financial difficulties and mounting debt, we can help restore you to positive financial health. Contact us for a free initial consultation to discuss your options under bankruptcy law.