Bankruptcy is used by both individuals and businesses to rid themselves of debt that can not be paid, clearing their financial obligations. The rules of commercial and personal bankruptcies are different, however, and our expert attorneys can help you to navigate each.

Personal Bankruptcy: Chapter 7 & 13

Chapter 7 bankruptcy is for individuals who have no means of repaying debt they have acquired, whereas Chapter 13 bankruptcy is for individuals who earn an income and wish to manage their debt through the creation of a payment plan. Your attorney can help you to determine the best course of action for your specific needs, and will see you through the process with the goal of achieving you the best outcome for your situation.

Commercial Bankruptcy: Chapter 7

Like individuals, businesses may also file for Chapter 7, which results in the elimination of debt, but also the dissolution of the entity. Our experienced attorneys can assess your case and determine if this option suits you, working to help you to alleviate your debt in the best way possible.