If your small business is struggling with debt, bankruptcy may provide some relief. Whether bankruptcy can help depends on a number of factors, including:
- the legal form of your business — for example, is your business a sole proprietorship, general partnership, corporation, or limited liability company?
- whether you are personally liable for business debts
- whether you want to close your business or keep it running, and
- how much and what types of debts you have.
We offer free one-hour initial consultations to individuals and small businesses who are consumed by overwhelming debt. During these consultations, our attorneys are able to help business owners address the current business situation and will provide a plan to guide the business owners to their desired outcome, whether liquidation or reorganization. Call (602) 343-6250 to schedule your appointment today.