Business Bankruptcy

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Business Bankruptcy

The law team at Canterbury Law Group has successfully represented debtors, creditors, trustees and committees in multifaceted business bankruptcy cases throughout Arizona, California, Nevada, and New York.

 

Bankruptcy allows a company to efficiently sell assets or to liquidate in a controlled manner. Just like any other business strategy, bankruptcy should be considered early enough to be a viable strategy to preserve the business’s assets and help it continue as a going concern. Bankruptcy can also be an important tool for assisting in an orderly wind down and liquidation of a business and its assets. In addition to the some of the strategic benefits, liquidating through bankruptcy can provide numerous benefits over merely dissolving your entity.

 

When you decide that business bankruptcy is your only option, a lot is at stake – including your personal financial health as well as your reputation and your business relationships. Bankruptcy is never good news but an experienced and attentive legal team will assist you in negotiating business bankruptcy in a way that satisfies all parties involved. Bankruptcy can eliminate a company’s debt as well as provide a business with the opportunity to reorganize and reclaim a fresh start. Business bankruptcy laws can be complicated; however, easier bankruptcy proceedings exist for farming and fishing businesses, and special laws allow U.S. and foreign bankruptcy courts to work together when an international business files bankruptcy. Plus, the facts of each case tend to be delicate and unique, which is why you need an experienced and trusted Phoenix bankruptcy lawyer.

 

When your business files a bankruptcy petition, you will receive an “automatic stay” that prevents the creditors your business has from harassing you for any payment. Nevertheless, they can still object to your bankruptcy petition. Your creditors can also file motions asking the court to lift the stay or to dismiss your case. If this occurs, you will need an experienced attorney to protect you and your business interests.

 

When acting as your “outsourced in-house legal counsel,” we will help your business through the complex process of bankruptcy, as well as assist in creating a solid structure for future growth.

 

When you choose Canterbury Law Group as your legal advisors, be confident in our abilities. We limit the number and type of cases we undertake so clients receive our full attention. Our team also works closely on all of our matters, bringing a unique mix of expertise to all of our practice areas. Most importantly, Canterbury Law Group solves problems and helps navigate your business toward success and helps you reach your business goals. Our lawyers are deal makers, not deal breakers, and we will do everything in our power to deliver our legal services on time, and under budget so you can get back to what you do best: run your business.

 

Rely our vast experience and success in bankruptcy cases to bring value to you. If you are thinking about filing business bankruptcy in Phoenix, Nevada or California, call us today to schedule your consultation. If you have already filed a bankruptcy petition, don’t wait too long before choosing a legal team to represent you.