The skilled Chapter 11 bankruptcy lawyers at Weintraub & Selth, APC are here to assist business owners throughout Los Angeles with the Chapter 11 reorganization process. We understand that business owners have unique questions that can only be answered by an experienced attorney. We have been serving business owners like you for several decades, and our attorneys are ready to answer all of your questions regarding Chapter 11 bankruptcy when you set up your free, no-obligation consultation.
If you are considering a Chapter 11 business bankruptcy filing, then get in touch with our lawyers so we can develop a detailed plan to propose to the bankruptcy court and your creditors. Does your business need just a bit of monetary “breathing room” during these difficult economic times? If you want to continue operating your business, Chapter 11 may be the right path. Our Los Angeles business bankruptcy lawyers can help you decide.
With over 75 years of combined experience, our attorneys help clients successfully navigate all kinds of complex financial matters. Learn more about who we are and how we can help you.
The Chapter 11 business bankruptcy code was designed to give businesses an opportunity to reflect on their current financial situation, develop a plan of reorganization, and emerge from bankruptcy in a more financially viable state.
However, when to file for Chapter 11 business bankruptcy is a serious decision that requires a thorough understanding of the effects on a business entity. If you are considering bankruptcy for your business, a Chapter 11 filing may give you the necessary financial flexibility to move ahead. Corporations, and Sole proprietorships Partnerships are types of business entities can file for Chapter 11 bankruptcy.
Since there are many nuances within the bankruptcy laws, particularly the laws that relate to businesses, it pays to seek the advice of an experienced Los Angeles business bankruptcy lawyer to help you make the right decision for your business situation. To speak to a legal professional at Weintraub & Selth, APC, please call (310) 220-4147 today. We will gladly discuss your options and go into more detail about the business bankruptcy timeline.
Thousands of Cases Handled
Our experienced attorneys have successfully represented thousands of businesses and individuals with financial problems.
We Offer Cost-Effective Expertise
Flexible fee arrangements enable small and mid-sized businesses to obtain the type of relief usually reserved only for large companies.
Big Firm Experience at a Boutique Price
Our lawyers have big firm training and expertise offered to clients in a cost-effective, boutique firm environment.
A Full-Service Bankruptcy Law Firm
One of the few true full-service bankruptcy firms in Los Angeles specializing in all chapters of the Bankruptcy Code and out of bankruptcy solutions.
A Chapter 11 business bankruptcy provides for negotiation and an agreement with creditors to allow the company to continue operations. Day-to-day operations go on but under the auspices of a bankruptcy court judge who oversees critical corporate decisions.
Other advantages to a Chapter 11 business bankruptcy filing include:
- Stops harassing creditors
- Allows for the development of a business reorganization plan
- Preserves jobs
- Suspends lawsuits or evictions
- Interrupts tax levies
By reorganizing the business, an opportunity for a profitable future exists. A Chapter 11 bankruptcy filing buys you time and gives you room to implement plans to get the business back on track. Restructuring your business may save the entire operation and should be considered before more drastic measures are taken.
If your goal is to save your business, keep your employees working, and get a fresh start, then please consider speaking with a knowledgeable Los Angeles business bankruptcy attorney at our firm. As with any significant business decision, there are pros and cons to be considered when contemplating a bankruptcy filing in Los Angeles or elsewhere. Let us help you decide the best course of action for your business.
Call (310) 220-4147 or contact us online to schedule your free case consultation.
“[Jim Selth] has always come through in a very professional, timely, and responsible manner.”- Marc B.
“If you are a business owner going through difficult times and need help restructuring or closing your doors, this is the law firm ...”- Paul Trump
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