Business Bankruptcy Helps Struggling Businesses and Owners

Chapter 7 bankruptcy for business debtors

Alhejaj and Associates, P.C. provides knowledgeable guidance on bankruptcy matters to businesses and their owners so that they can tackle financial challenges big or small. Regardless of the severity in each situation, our firm can often identify a workable debt relief solution either through the bankruptcy process or another method. Our attorney reviews the relevant facts thoroughly and searches for creative ways to help businesses overcome financial problems. We have guided many businesses and helped their owners get back a fresh financial start.

Innovative solutions for small businesses and owners

Our seasoned bankruptcy attorney concentrates on establishing a strong working relationship with business owners and management teams, because their cooperation will play a key role in achieving a favorable outcome. To start, our firm details the various options that are available, such as:

• Chapter 7 liquidation — In some circumstances, there is no reasonable way that a struggling business can remain in operation. When this occurs, our firm assists clients by handling Chapter 7 liquidation tasks in an orderly, professional manner. As part of the process, business assets are sold to provide partial payment to creditors before the organization is dissolved. Depending on the type of legal entity involved, there might be a possibility that owners could face personal liability for business debts, but our firm presses to avoid any creditors from reaching your personal assets whenever possible.  And if necessary, our attorney will advise if it is advisable for the former business owners to file personal Chapter 7 bankruptcy to protect themselves from the business creditors.
• Alternatives to bankruptcy — After evaluating critical expenses such as payroll, utilities, and rent, we can analyze whether your business might benefit most by avoiding the formalities of the bankruptcy system. Our seasoned debt relief attorney knows how to build a strong negotiating position and craft deals that both parties find agreeable. Whether you require assistance in discussions with a landlord, lender, or another party, we have the knowledge and experience to find creative solutions to significant financial challenges.  

Many business owners have put not only their money, but their hearts and souls into building their companies. We understand because our attorney is a small business owner herself.  Whenever possible, we work to restore and maintain the viability of the company through whatever legal method provides the greatest chance for success. 

Contact a respected Nebraska business bankruptcy attorney for a free consultation     

Alhejaj and Associates, P.C.  provides comprehensive counsel to Nebraska and Iowa businesses and their owners that are considering bankruptcy or other methods of relieving their debt burden. Please call 402-345-1717 or contact us online to schedule a free initial consultation to discuss the challenges facing your business.