Bankruptcy
Experienced Bankruptcy Lawyers Serving Broward County, FL
At Stok Kon + Braverman, our experienced Fort Lauderdale bankruptcy attorneys know that debt can have a major impact on every aspect of your business. Although the thought of filing for bankruptcy is daunting and stressful, our attorneys are here to assess your situation to determine if it is the most suitable financial solution. We are familiar with this area of the law and have more than 30 years of experience representing creditors and debtors in complex bankruptcy matters, so you cant count on us to work diligently to help explore all of your alternatives.
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RELIABLE CHAPTER 7 BANKRUPTCY ATTORNEYS
Chapter 7 is designed for business owners who are so deep in debt that they need to consider liquidation. Chapter 7 might be an effective option if you are facing business debts that you don’t think you can realistically payback. Chapter 7 can also be helpful if creditors and bill collectors are constantly harassing you and your employees, or if your business is facing a court judgment it cannot pay due to financial distress.
In a typical Chapter 7 proceeding, you get rid of everything that you owe and obtain a “fresh start.” This happens when the trustee collects all of your assets and sells them, as long as they are not exempt under the relevant bankruptcy laws.
The proceeds from the sale of assets are then distributed to your creditors with a fee taken by the trustee responsible for monitoring the distribution.
Our experienced bankruptcy lawyers have extensive business knowledge which allows us to address the unique needs of individuals and business owners. We can show you how the Chapter 7 process can help your business and the assets that are vital to its operation. When you choose the bankruptcy attorneys at Stok Kon + Braverman to represent you, we not only act as your legal advisers but also as your business consultants.
Call us at (954) 237-1777 or contact us online to speak with an experienced Fort Lauderdale bankruptcy attorney today.
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Reach out to our dedicated team of attorneys for legal solutions tailored to your unique goals.
COMPREHENSIVE CHAPTER 11 BANKRUPTCY SERVICES IN FORT LAUDERDALE
Chapter 11 bankruptcy laws are designed to help businesses reorganize while they are still operating. This type of restructuring allows the managers of an enterprise to create a plan according to its needs so they can afford to repay creditors over time. The plan must be presented by the debtor and accepted by the court and relevant creditors. Although the business retains control of its day-to-day operations, there is a court-appointed trustee who oversees the overall process.
In Chapter 11 cases, creditors have an opportunity to examine the contents of the bankruptcy petition and schedules. They are not required to file claims if they are listed on the schedule and do not have an objection to it. If a creditor is explicitly listed on the schedule, it is eligible to receive a distribution without having to file any claim. However, a creditor who is omitted from the schedule or objects to treatment on the schedule must file a claim to voice that concern.
EXPERIENCED BANKRUPTCY ATTORNEYS PROUDLY DEFENDING CREDITOR’S RIGHTS
When small and medium-sized businesses struggle to collect accounts receivable it can cause major financial damage that can affect their ability to pay bills and obtain credit or financing. Our attorneys can help you take action against delinquent accounts. We represent businesses, financial institutions, lenders, and lien holders in state court and bankruptcy litigation.
Our commercial litigation experience allows us to understand your perspective and tailor our services to meet your case goals. We know that spending large sums of money on debt collection doesn’t make financial sense, which is why we are here to help you devise a strategy to conduct your case in a timely and cost-effective manner.
If your business revenue is at stake, then please reach out to our lawyers so we can help put you back in the black. Call (954) 237-1777 or contact us online to schedule a case consultation with our bankruptcy team.
REAL CLIENTS. REAL REVIEWS.
REAL CLIENTS. REAL REVIEWS.
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Alejandra G.
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Camille C.
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Scott S.
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John
John
Scott S.
Scott S.
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Marcus M.
Marcus M.
Justine L.
Justine L.
Michael P.
Michael P.
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Former Client
Willie T.
Willie T.
Joe H.
Joe H.
Will S.
Will S.
Joe H.
Joe H.
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Alejandra G.
Alejandra G.
Michael P.
Michael P.
John
John
Camille C.
Camille C.
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Will S.
Will S.
Abraham C.
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Ryan P.
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Contact us today!
Contact us today!
If you need legal guidance, the Stok Kon + Braverman team of attorneys can help.