Legal Help For Businesses With Debt Problems
A business facing serious debt problems is not much different from an individual facing debt problems. In both cases, the monthly bills and obligations exceed the monthly income. This is a serious problem for any business.
At Giddens & Gatton Law, P.C., we help financially distressed businesses in Albuquerque and the surrounding areas with Chapter 11 bankruptcy. Our law firm has been serving New Mexico clients since 1997. Attorneys from our firm bring experience, knowledge and a strong commitment to giving each client the best legal service possible.
If you are the owner of a small business or an executive with a larger corporation facing serious financial problems, an attorney from our firm can work with you to determine whether Chapter 11 bankruptcy would be a valid solution.
Financial Help For Hardship Caused By COVID-19
Our lawyers understand the financial challenges facing everyone as a result of the pandemic. In some ways, business owners have been hit the hardest. If you have been financially harmed by the pandemic, it is possible that Chapter 11 bankruptcy could provide strong financial relief.
What Is Chapter 11 Bankruptcy?
Chapter 11 is a debt-relief solution mostly targeted to helping financially struggling businesses. By filing for Chapter 11, a business can unload some debt and keep other debt through reorganization. In many cases, Chapter 11 gives struggling businesses the opportunity to discharge unwanted debt and reorganize some debt to find a way to stay afloat. In fact, many successful businesses have at least one Chapter 11 filing in their histories, maybe more.
The process of obtaining Chapter 11 debt relief is simpler than many people think it is. Our attorneys will explain the procedures to you thoroughly. We will help protect your rights and walk you through the process from start to finish.
Contact An Experienced Lawyer
No business should liquidate due to financial hardship without first considering Chapter 11 bankruptcy as a possible solution. Our lawyers will look at your case and determine whether you would qualify and whether Chapter 11 is a viable option for you.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.