Debt Relief and Restructuring for Businesses
With the current economy, many small business owners are faced with unmanageable financial pressures, requiring restructuring or in the most severe cases, sale or bankruptcy. If you are a sole proprietor or business owner suffering from overwhelming debt, it is important to seek experienced counsel as soon as possible to protect your investments and business interests.
At Moretsky Law, I have over 10 years of experience in bankruptcy law and debt relief. I provide my business clients with sound counsel, information and advocacy. I will review your assets, debts and profits to determine the best course of action for your business. Whether you want to sell, prevent going out of business, or you want to stop creditor action, I have the resources and experience to accomplish your objectives.
Business and Lender Issues
For many business owners, loans can be problematic, especially when you are unable to pay lenders. What began as a way to expand, hire, or pay other debts has turned into an albatross around the neck of your business.
As your attorney, I will explore options to restructure your loans, work directly with lenders and try to negotiate down the principal, interest and additional fees that you are paying. You may face foreclosure, eviction or other consequences, so it is important to act quickly to explore all of your options and alternatives.
As a Montgomery County business debt solutions lawyer, I can help you:
- Stop foreclosure or eviction
- Renegotiate loan terms with creditors
- File Chapter 11 bankruptcy and restructure debt
- Liquidate the business and sell assets
- Reorganize the business
- Minimize consequences of personal guarantees
As a business owner, you want to protect your investments, your assets and the future of your company. At the very least, you want to make certain that you protect your rights and the property you are entitled to, should you file bankruptcy or liquidate. I am experienced in working with small business owners, individual proprietors and other mid-size companies to identify financial issues and execute restructuring solutions that may involve creditor negotiation, workouts or bankruptcy. I will work with you directly and help you make the best decisions for yourself and the future of your business.
Call 215-344-8343 or contact me by e-mail to arrange your free consultation with a Philadelphia business bankruptcy lawyer.
Russian language services available · Accessible locations in Philadelphia and Montgomery County · Flexible appointment scheduling