What Miami Business Owners Need To Know About Chapter 7
Many business owners assume that when financial challenges strike their business the only option is to file under business bankruptcy protections such as Chapter 11 — a process that can be highly complex and exceedingly costly. In reality, small businesses have a range of options, including filing under Chapter 7, which can provide a broader range of benefits and protections for individuals.
At the Miami bankruptcy law firm of Kingcade Garcia McMaken, our attorneys have helped more than 15,000 people get the answers and support they need. If you are facing serious financial challenges in your small business, your personal finances or both, we have the experience to employ strategies through Chapter 7 to help you restart, rebuild and recover.
Helping Business Owners Take The Right Action
Chapter 7 bankruptcy can be a very powerful tool for a small business owner. Whether you run a mom-and-pop retail business on Main Street or a web-based business from your home, in many cases you can handle your issues through traditional consumer bankruptcy protections.
The key is to work with a Florida bankruptcy lawyer who understands the law and how to help you build a strategy. Our primary attorney, Timothy S. Kingcade, is an experienced attorney and a CPA that can help you deal with the issues that matter both as a business owner and an individual. Issues such as:
- Nondischargeable debts
- Business taxes
- Corporate real estate
Before you are up-sold into an expensive and time-consuming Chapter 11 bankruptcy, make sure that there isn’t an easier and smarter way to resolve your problems. If you are a small business owner, there may be a real opportunity to pursue your debt relief through the Chapter 7 process.
Serving Miami Families And Businesses Since 1996
Federal bankruptcy laws and the laws of the state of Florida provide key protections to individuals facing a serious financial crisis. It is important to work with a lawyer who is willing to put in the time and effort to find the best solution for you. At Kingcade Garcia McMaken, our clients are our first and biggest priority.
It costs nothing to contact our bankruptcy attorneys and discuss your case to find out how we can help you.