Saving Businesses Through Chapter 11 Bankruptcy
Have you taken out a personal loan to keep your business running? Are you putting off paying your taxes? If this sounds familiar, then it is time to take action. The attorneys at Roderick Linton Belfance, LLP, understand what you are going through. Not only does it affect you professionally, but it affects you personally. When your livelihood is suffering, you might not know how to move forward.
Founded in 1885, our firm has helped numerous companies in Akron, Medina and throughout Ohio get back on solid ground. Some of the industries we have worked with include:
- Real estate companies
- Real estate management organizations
- Oil and gas
- Small businesses
Our extensive experience in business law and bankruptcy law gives us a strong background that translates to results.
Helping You Understand Business Bankruptcy Options
Many business owners are not aware that filing for bankruptcy doesn’t necessarily mean they will lose the business. In fact, it can be a way to set your business up to be successful once again. Our lawyers will help you understand the bankruptcy options available to your business.
Chapter 11 bankruptcy is a reorganization debt relief plan where you pay back a reduced amount of your existing debt while some of your debt is discharged. You will come up with a plan that shows how the business can become profitable after the bankruptcy proceedings by finding alternate sources of revenue, restructuring, renegotiating leases and cutting costs. At the same time, an automatic stay is put into place, which will keep the creditors from filing lawsuits.
Speak With An Experienced Bankruptcy Attorney
Our attorneys’ experience in representing all parties in the bankruptcy process gives us a well-rounded approach and comprehensive understanding of bankruptcy law. We draw upon this background to help our clients find practical solutions that make sense for their individual needs.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.