Small Business Bankruptcy
California small business bankruptcy attorney
Are you a small business owner considering filing bankruptcy? At the law office of Bonnie Baker, Attorney at Law, we can provide you the straight answers and practical assistance you need. We can help you determine if bankruptcy is necessary and helpful for your business' financial situation. We are able to help you with bankruptcy chapter selection—small business bankruptcy can be filed as Chapter 7, Chapter 11 or Chapter 13 depending on the type of entity.
If you are a small business owner interested in learning more about small business bankruptcy, contact our firm to arrange your free 90 minute consultation.
What type of bankruptcy is advisable for your small business?
The Bankruptcy Code does not distinguish between the business and the individual. Therefore, small and medium sized companies can seek debt relief through Chapter 7 or Chapter 13 filing. We help small businesses such as the following get a fresh start on their finances:
- Limited Liability Companies (LLC)
- Family businesses
- Closely held businesses
- Sole proprietorships
Incorporated businesses can seek reorganization debt relief through Chapter 11 bankruptcy. Under Chapter 11, debts can be readjusted or reorganized.
Bonnie Baker works closely with small business owners to find the right legal solution to fit the unique needs of the business. In some situations, the business can continue operating during bankruptcy proceedings.
To learn more about small business bankruptcy in a free 90 minute consultation, contact our firm today. We can help you and your small business start anew.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.