Worcester Large Business Bankruptcy Lawyer
Is your business in financial trouble?
When a large business is heavily in debt and can no longer meet its financial
obligations, it will often seek protection by filing for
bankruptcy. Corporations, limited liability partnerships and partnerships will typically
Chapter 7 - liquidation of assets to pay creditors; discharging of any remaining debts; or
- Chapter 11 - restructuring of payment plans to creditors
Bankruptcies involving large corporations can be extremely complex and
involve many different types of issues such as creditor objections to
restructuring plans, motions of relief from an automatic stay by creditors
that want to get paid as soon as possible, valuation and the selling of
assets, and filing proofs of claim for secured and unsecured creditors.
If you are a large business in severe financial difficulties, contact a
Worcester bankruptcy lawyer from Law Office of Robert W. Kovacs, JR. for legal advice and assistance.
We have successfully represented many large companies in bankruptcy court,
and have the knowledge and resources to help you resolve your financial
problems. Our legal team will make sure you have complete information
on all of your legal options and help you map out a comprehensive bankruptcy plan.
Large Business Bankruptcy Attorney in Worcester
When a large business files for bankruptcy protection, it can be with the
intention of regaining financial control so the business can prosper,
or reducing the company's debt so it can be sold. Other strategies
can involve keeping the business running as long as possible to liquidate
assets and sell pieces of the company so that a part of the business can
continue on, or to cease operations altogether. Our firm can help you
formulate and achieve your bankruptcy goals, and will provide the legal
guidance and support you will need throughout your case.
Contact a Worcester large business bankruptcy lawyerfor skilled and experienced legal advice if your business has too many debts.