Garcia & Gonzales, P.C.
Denver Small Business Bankruptcy Lawyers
Serving the Community Since 1977
If you are a small business, filing for Chapter 7 or Chapter 13 bankruptcy can be complex, considering the several different aspects of your business and personal finances, and potential tax implications. The Denver small business bankruptcy attorneys of Garcia & Gonzales, P.C., will carefully explain what this process entails and how it can benefit you. Contact us today.
Denver Chapter 7 and 13 Bankruptcy Attorneys: Careful Planning for Your Small Business Bankruptcy
When filing for Chapter 7 or Chapter 13 bankruptcy, the specific facts of your circumstances determine the details of your small business's filing, which we will thoroughly prepare prior to the creditors' meeting where the bankruptcy repayment plan is finalized. For example, we need to explore options with you regarding what is best for your particular corporate form (i.e., sole proprietorship, S-Corp, LLC, partnership, etc.). In addition, unlike with Chapter 7 bankruptcy, a business alone cannot file for Chapter 13 bankruptcy. Instead, the bankruptcy must be attached to the individual owner. We will provide you the information you need to make an informed decision.
When your small business's viability is on the line, it is crucial that you use an established bankruptcy lawyer with years of experience and knowledge handling the complexities of filing for small business bankruptcy. We will carefully explain the benefits and disadvantages as they apply to your business needs and goals, so that you have a complete understanding of the process. Our satisfied clients speak for us.
Business Bankruptcy and Tax Liability
Of crucial importance in preparing a business bankruptcy, is the potential for tax liability, which can be addressed in multiple ways. We will explain the benefits and disadvantages of each of these options depending on your business's legal form and ensure that we have recommended the best course of action.
Our small business bankruptcy attorneys have varied backgrounds, including experience as real estate brokers and the evaluation of financial statements, providing a unique perspective not normally found with bankruptcy attorneys. Along with our experienced staff, we run our own small business. This breadth of knowledge and experience allows us to disseminate complex financial information into simple, easy to understand terms and minimize our clients' stress.
Colorado Business Bankruptcy Lawyers
Contact our Denver Chapter 7 bankruptcy lawyers to have a personalized conversation about the most strategic way to resolve your small business's financial issues. We charge a small initial consultation fee for small business bankruptcy consultations so that we are able to provide the necessary information you need to make a decision on how to proceed. Hablamos español.
