Chapter 7 Bankruptcy
For Businesses & Corporations
Chapter 7 bankruptcy can be a good option for business owners who wish to liquidate their business assets to cover outstanding debts. Whether or not this solution is right for you depends on the structure of your business and the level of personal liability. Chapter 7 business bankruptcy can be used for sole proprietorships, partnerships, and corporations that lack substantial assets to cover their debts – making reorganizing under Chapter 11 unrealistic. We understand how stressful the situation can be and have the expertise to guide you throughout the process.
Others Types of Bankruptcy For Businesses & Corporations
Our firm is proud to serve and represent businesses in metro Atlanta and North Georgia in a variety of ways, especially when they are facing difficult situations such as bankruptcy. Consider Brad Patten, SGWM’s top bankruptcy attorney, a close ally who is dedicated to helping you navigate the complex bankruptcy laws and doing what’s best for you and your business’s future.
Top Benefit: Business can operate during repayment.
Bankruptcy law is extremely complicated. Avoiding mistakes during Chapter 11 bankruptcy is essential. A small error can result in a substantial, unnecessary loss for your business. Our firm has extensive experience in Chapter 11 bankruptcy and works hard to ensure the best possible outcome for our clients. We can do the same for you.
Bradley J. Patten
Brad J. Patten joined Smith, Gilliam, Williams & Miles in 1989 and has an extensive background in bankruptcy and workers compensation law. As a court-appointed Chapter 7 trustee since 1997, Mr. Patten works with debtors and creditors to guide them through the complex process of bankruptcy.