Reorganize Your Business using the Bankruptcy code
Dwyer & Associates helps small businesses significantly reduce their debts and
renegotiate contracts under Chapter 11 of the Bankruptcy Code.
A Business is considered "small" under the bankruptcy code if it has less
than $2,000,000.00 in debt. If your business is struggling but has the potential
to succede with lower debts and a new business plan, then Chapter 11 Bankruptcy
may be just the solution.
The past couple of years have been tough for everyone, but especially America's
small businesses. Whatever the cause, business debt can build up to the point where
it becomes hard or impossible to pay back creditors or even continue in the usual
running of the business. The paramount public policy rationale of Chapter 11 bankruptcy
is to give businesses a 'fresh start'. We can prevent creditors from demanding payments
and reduce the amount they are owed by a significant amount. This is done by crafting
a plan of repayments which is subject to court approval. Once the plan is accepted,
your business can continue in a much stronger position than ever before. Renegotiating
contracts in your favor is also a highly useful part of the process.
Manhattan, New York Chapter 11 Business Restructuring
Management generally remains the same for the most part throughout the bankruptcy
and beyond. Chapter 11 can be a very good opportunity to restructure the business
removing dead wood and focusing on profitability. Of course, chapter 11 restructuring
is not a magic bullet and cannot help every business. Our attorneys are qualified
at offering advice on how appropriate it may be for your business.
Talk to one of the knowledgeable Manhattan Chapter 11 & business restructuring attorneys
at Dwyer & Associates to learn more about this option. We welcome questions
from small business owners and offer FREE CONSULTATIONS at our discrete Wall Street
office.
We are a debt relief agency. We help people file for bankruptcy relief under the
Bankruptcy Code.
