This Armonk, NY Commercial Law Attorney Can Help You File For Bankruptcy Protection Or Liquidation

This Law Firm Can Help You File For Bankruptcy Protection Or Liquidation

Jafri Law Firm has established a bankruptcy division so your enterprise can remain open.

Under the guidance of the practice, you can get forgiveness for financial obligations or negotiate better repayment terms.

This newly formed division can assist you whether you are a small business, independent contractor, or sole proprietor seeking a fresh financial start.

The firm can entertain you 24/7 and will assign you a lawyer who will provide hands-on services.

The practice is well-versed in all three major commercial bankruptcy types.

Chapter 7 involves liquidating your assets in order to pay off as many debtors as possible before shuttering your enterprise.

However, you may also choose Chapter 11 bankruptcy to keep your business operating.

Under this arrangement, your debt will be restructured and certain loans will be written off, thus giving you a second chance.

If you’re a sole proprietor, on the other hand, you can apply for Chapter 13 bankruptcy.

It entails reorganizing both your business and personal debt, with the promise of paying back loans in tranches.

Learn more by visiting https://www.jafrilawfirm.com/ practices/bankruptcy