New Paltz Chapter 13 Bankruptcy for Partnerships or Professionals
Doctors, dentists, CPAs, attorneys and other professionals often form limited liability partnerships or joint ventures. Although skilled in their profession, sometimes these partnerships have problems related to the operations side of the business. Occasionally a serious illness or death of a business partner can cause sales to collapse. If there are problems with debt, a professional partnership will have legal needs, such as maintaining professional certification, in addition to debt relief.
My name is D. Roger Glenn. I am a co-founder of Glenn & Glenn, L.L.P. and have been practicing law since 1980. During that time I have helped small businesses, partnerships and professionals find debt relief options — one of which is bankruptcy.
For a free initial consultation, please call our New Paltz 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.
Debt Relief Options for Professionals and Partnerships
To file for debt relief and liquidation under Chapter 7, an individual must pass a means test. If you are a professional earning more than the median income in New York, then Chapter 7 bankruptcy is not an option for you. If you are a partner in a limited liability corporation (LLC) or professional limited liability corporation (PLLC), then Chapter 11 or Chapter 13 bankruptcy are options to consider.
Having an experienced bankruptcy lawyer and tax law attorney, our firm can work with you to explore options including:
- File for Chapter 13 or Chapter 11 bankruptcy
- Negotiate with creditors
- Dissolution of the LLC or PLLC
- Negotiate with the IRS or represent your interests in an audit
The Right Lawyer for a Difficult Time
Experienced Hudson Valley and New York bankruptcy for professionals attorney D. Roger Glenn is 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.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
