Business Bankruptcy
Is your business struggling? Businesses of all sizes often consider a bankruptcy filing when they are unable to meet monthly obligations as they come due. Schottler & Associates focuses on helping small businesses determine what options are available for both the company and its owners as well.
There are generally two types of bankruptcy cases available for companies - Chapter 7 liquidation and Chapter 11 reorganization. Determining which option is best for your small business starts with the decision on whether the company will continue will its operations or close its doors. The attorneys at Schottler & Associates will help you to make this determination based on the viability of the business, including its available resources, market position and prospects for the future. Additionally, any look at a small business bankruptcy will also require a determination as to its effects on the owners of the company. All these factors will help make the decision to keep the company running or to forge another path.