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Business Debt Reorganization Services in California
The Abbasi & Associates offers experienced, knowledgeable and sophisticated bankruptcy advice and representation to sole proprietors, partnerships, limited liability companies, corporations and other business entities facing insolvency concerns. We have extensive experience in representing clients under the nation's bankruptcy protections and are equipped to serve the legal needs of business clients through a Chapter 11 bankruptcy filing. Please contact one of our offices to discuss your situation with a skilled Los Angeles Chapter 11 bankruptcy lawyer. Call (818) 888-6614.Chapter 11 Bankruptcy:
Restore Cash Flow, Profitability and Financial HealthChapter 11 bankruptcy reorganization allows an insolvent business to maintain business operations while paying off debts. The focus of any Chapter 11 bankruptcy is to reduce debt and enable the business to survive bankruptcy. Under Chapter 11 of the Bankruptcy Code, a business can:
- Stop foreclosure on business real estate
- Stop tax levies and IRS seizures
- Stop creditor actions, including collection efforts of vendors and other businesses
- Stop paying unsecured creditors until a repayment plan is formalized and approved by creditors and the bankruptcy court
- Reduce and reorganize debt in a court-approved repayment plan
- Stay in business while paying off debt
- Surrender select secured property and discharge applicable debt obligations
- Discharge unprofitable contract or lease obligations
Consult With Our Business Bankruptcy Attorneys
We provide business bankruptcy services throughout Los Angeles, Orange County and the San Fernando Valley. Schedule a free initial consultation with our Los Angeles Chapter 11 bankruptcy attorneys by We are a debt relief agency.We help people file for bankruptcy relief under the U.S. Bankruptcy Code.
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