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Just as individuals can come into financial difficulties and unsustainable debt situations, businesses may also overextend themselves to such a degree that they are no longer able to pay their creditors sufficiently to remain in business. The United States Bankruptcy Code offers outlets for businesses in such financial distress, and with the guidance of a skilled business bankruptcy attorney you may be able to successfully eliminate your business’s debts and return to solvency with a fresh slate.
At the Russell Van Beustring P.C., our legal team is dedicated to helping distressed businesses find workable solutions for their debt situations, and will work tirelessly to help ensure that your bankruptcy proceedings move forward smoothly and effectively. To learn more about how an experienced Houston bankruptcy attorney can help solve your debt problems, contact us at 713-973-6650.
Businesses do not share the same rights as individuals with regards to bankruptcy law, but still have options for discharging or managing debt. The following are the two principal modes of bankruptcy available to businesses:
If your business has reached a point where you no longer see any way to effectively pay your debts, it may be time to consider filing for bankruptcy. If you would like to speak with a Houston business bankruptcy lawyer of the Russell Van Beustring P.C., contact us by calling 713-973-6650, today.