Skilled Bankruptcy Representation For Your Business
The area of business bankruptcy is complex and not easily understood. Many small-business owners are under the wrong impression that Chapter 11 bankruptcy is their only option. In reality, other bankruptcy options are often available to these individuals.
Lisa D. Loftin, PC, has a great understanding of the laws providing you and your business financial protection. With more than 20 years of legal experience in the bankruptcy area, Lisa D. Loftin has filed thousands of Chapter 7, Chapter 13 and Chapter 11 bankruptcy cases. She has represented bankers, business owners, investors and a large variety of individual filers across Georgia.
Chapter 11 Bankruptcy Benefits
If you’re considering Chapter 11 bankruptcy as an option, it’s important to educate yourself about what it entails. The following are some of the basic benefits of Chapter 11, also known as reorganization bankruptcy:
- Business assets: Don’t have to dissolve assets or shut down operations, and debt repayment and timeline can be rearranged
- Business restructuring: Can result in renegotiating or canceling contracts
- Flexible repayment options: Some businesses can qualify for refinancing plans or loans to help with repayments
- Keep creditors at bay: A stay is placed on creditors until the matter is resolved by the bankruptcy court
Unfortunately, Chapter 11 often is not what you or your business needs. There are instances where you have more to lose through filing Chapter 11 than you have to gain. Sometimes a Chapter 7 filing resulting in the liquidation of all assets is the best option. In other instances, other avenues may need to be pursued.
Committed To You And Your Business
I have represented several businesses and provided them a variety of options. When providing business representation in bankruptcy proceedings, I will take the time to understand your circumstances and keep you fully informed about your case.
As your attorney, I will be completely devoted to providing you the personal attention that you deserve and need.
My Firm Can Help You Find A Solution
Whatever the circumstances, you do not want to move forward in any bankruptcy proceedings until you fully understand the benefits and consequences of any particular filing. That’s why it is vital you have an experienced attorney, like myself.
As your attorney, I will help you understand the complexity of filing for bankruptcy and discuss realistic options. Call 770-227-0110 or send me an email to set up a free consultation. I have offices in Griffin and Carrollton.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.