Salt Lake City Business Bankruptcy Attorney
Compassionate Utah Business Bankruptcy Attorney
The need for an experienced bankruptcy attorney that will defend your personal assets and interests cannot be overstated. The attorneys at The Law Firm of Peter & Paul offer more than 50 years of combined experience and are well aware of the complexities involved with small business bankruptcy proceedings.
Chapter 7 Bankruptcy
Business owners may file for Chapter 7 on behalf of their company or for themselves personally. If your business is a corporation, partnership, or limited liability company, Chapter 7 bankruptcy is a relatively straightforward way to cease operations, liquidate your assets and repay creditors.
Keep in mind that unless you’re the sole proprietor of your business and are personally filing for bankruptcy, your business will not receive a discharge of its debts under Chapter 7 proceedings. Chapter 7 bankruptcy best serves businesses that have little or no assets, along with those who are willing to dissolve the company.
Chapter 11 Bankruptcy
Because Chapter 11 bankruptcy is one of the most complex forms of bankruptcy, it’s vital to work with an experienced Salt Lake County attorney who knows the ropes. The bankruptcy attorneys at The Law Firm of Peter & Paul have dedicated their legal practice to helping Utah businesses get out of overwhelming debt. They are not here to judge you, but to give you the advice and guidance you need during this difficult time.
Get the Help that Your Business Deserves
If your business is considering filing for bankruptcy, contact The Law Firm of Peter & Paul today to schedule your free consultation. Every call is answered directly by one of our trusted attorneys, not a secretary or paralegal.