A Top-Rated Bankruptcy Attorney Guiding Clients Through Small Business Bankruptcy
If you operate a small business that is struggling, you don’t have to keep enduring stressful debt problems. Instead, contact the law firm of William H. Lively, Jr. WHL, PLLC. Our founding attorney, Bill Lively, is among the leading small business bankruptcy lawyers in East Texas. Our law firm has helped thousands of individuals and small business owners find debt-relief solutions. We can help you, too.
We know that small business owners take on a lot of risk. You shouldn’t have to keep bearing the stress of heavy debt just because you had the courage to be an entrepreneur. At the law firm of William H. Lively, Jr. WHL, PLLC, we have decades of experience in these matters, and we take care of our clients every step of the way in their debt relief journey. We know how to help small business owners and their spouses get the debt relief they need to make a fresh start.
For a free consultation, please call us in Tyler at 903-920-0008 or complete our contact form. We are the premier bankruptcy law firm serving all of East Texas.
Understanding Your Small Business Bankruptcy Options
In most cases, when a business is failing and profitability seems impossible, Chapter 7 is the appropriate remedy. Under Chapter 7, your business may be closed and its assets may be liquidated to help repay creditors. In exchange, all or most of the remaining business debts can be discharged. Chapter 7 is faster and more cost-effective than any other type of bankruptcy. However, you must meet certain requirements to qualify.
You may also have the option to file for Chapter 13 bankruptcy, which allows you to create a workable repayment plan. Chapter 13 is intended for individuals, and you can use the benefits of Chapter 13 to reorganize and repay personal debt, potentially allowing you to retain the assets you need to keep the business open.
In many cases, business debt is compounded by medical debt and debt related to divorce. Whatever your situation may be, let us help you explore your options for getting a handle on debt through Chapter 13 bankruptcy or Chapter 7 bankruptcy.
Let Our Tyler Bankruptcy Lawyer Help You Find Debt Relief | Free Consultation
From our office in Tyler, we serve clients throughout East Texas. If you are ready to discuss your bankruptcy options, we invite you to schedule a free initial consultation. Just call 903-920-0008 or complete our contact form.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.