Running a business is a daily challenge that requires a lot of work and stress to keep it going in Fresno, Oakland, Sacramento, San Francisco, San Jose, Santa Clara, and the surrounding areas. Sometimes it can help to have a third party review everything and provide recommendations, including a business bankruptcy. At Sugarman & Company we have worked with hundreds of different businesses and can provide guidance and input related to a business bankruptcy. We help to take the emotion out of these decisions and provide solid advice based on our many years of experience with helping to right the ship that is business. Contact us today to learn more.
Sometimes Bankruptcy is The Best Option
Many businesses have debt and do just fine. Others need a little help to figure a way to pay off the debt, and in some cases filing bankruptcy is the most effective way forward for a business. By filing bankruptcy, this provides a way to forward with a plan to pay off some or all of the debt, and it is possible that some debt may be eliminated as things unfold.
When filing bankruptcy the business is protected from creditors taking any legal action against the business. This action also protects the business property from being seized and liquidated in an attempt to satisfy the debts owed by the business. These are important reasons where bankruptcy would be the right option to provide you the opportunity to work out a deal to pay creditors without gutting the business.
An Experienced Team Can Explain All Options
When you work with Sugarman & Company you are getting experienced professionals that have worked on hundreds of different cases. Business bankruptcy may or may not be the right solution for your specific situation, and we can provide all of the different options available to you and the business. We will work on a plan that can help to bring the business back to profitability and satisfy the creditors, and business bankruptcy might be one of the tools to get this done.
Businesses use different experts all of the time, from marketing to architects and many others. Business consultations are no exception, especially when they can help bring the business to a new place of solid standing in Fresno, Oakland, Sacramento, San Francisco, San Jose, Santa Clara, and the surrounding areas. Contact our team today to learn more about what we do and how we can determine if a business bankruptcy is needed or is an option.