Out of Court Work Out and Dissolution Process

 

In some instances, resolving financial challenges out of court through workouts or dissolution is more advantageous than a bankruptcy filing. Workouts with creditors are negotiated in private and without the statutory and procedural requirements of a bankruptcy case. In addition, the cost for professionals is often much less due to the decreased time spent in court and drafting voluminous required pleadings. In the alternative, a business may decide to cease operations and dissolve or a dispute between partners or stakeholders may lead to dissolution. Our attorneys will work with you to create an exit strategy that provides for the controlled and orderly dissolution of the business in consideration of the consequences of ceasing operations.

Please review our Foreclosure pages for additional information that may be relevant to individual or businesses facing financial challenges. In addition, please review the description of the broad range of clients we commonly represent on our Representative Clients page.

We are a debt relief agency under the United States Bankruptcy Code. We help people file for bankruptcy under the Bankruptcy Code.