Unique Solutions for Small Business Debt Relief Needs
A business can be successful in the business world with satisfied clients and customers, but still have overwhelming debt for a wide variety of reasons. A flood can wipe out inventory, and if the business is underinsured it can be a huge problem. If payroll taxes are withheld, and then cash flow falls short, payments to the government can be late, causing a cascade of tax fines and penalties.
When a small business is overwhelmed with debt, for whatever reason, a skillful and experienced tax and bankruptcy attorney can offer options to meet the needs and goals of the business owners and partners.
My name is Roger Glenn, and I am the co-founder of Glenn & Glenn, L.L.P. I have been practicing law since 1980, and during that time I have helped small businesses find debt relief options — one of which is bankruptcy. I have helped small businesses with revenue of $500,000 to $1 million per year find debt relief through bankruptcy or other means.
For a free initial consultation, please call our New Paltz, New York, law office at 845-256-8396 locally or toll free at 877-862-7197 or send an e-mail to Glenn & Glenn, L.L.P.
New Paltz Chapter 11 and Chapter 13 Bankruptcy Attorney
There are several debt relief options for a small business. After a thorough analysis of a business's finances, we discuss the business goals to determine the best option.
Bankruptcy — A Chapter 7 bankruptcy may be appropriate for sole proprietors. Chapter 11 reorganization may be appropriate for businesses that have assets to liquidate to provide debt relief. A Chapter 13 bankruptcy may be appropriate if a business owner has a personally guaranteed any of the business loans.
Other services provided by Glenn & Glenn, L.L.P., include:
- Credit card debt — If your business expenses are on your personal credit card, there are options to either eliminate or reduce both credit card debt and debt from a line of credit.
- High debt situations — No amount of debt is too high for us to work with and provide legal assistance.
- Personal guarantees — We can help businesses where officers or business owners have given a personal guarantee for a business debt.
- Work with creditors — Turn your creditor list over to us to negotiate more favorable terms.
The Right Lawyer for a Difficult Time
Experienced Hudson Valley and Poughkeepsie small business bankruptcy lawyers at Glenn & Glenn, L.L.P. are available to discuss your case and advise you on how to move forward to solve your legal issues and find debt relief. For a free initial consultation, please call 845-256-8396 locally or toll free at 877-862-7197 or send an e-mail to Glenn & Glenn, L.L.P.
