Baldwin County Business Bankruptcy Attorneys
If your business is going through financial difficulties, Chapter 11 bankruptcy may be the right option for you. At the Birmingham, Alabama, law offices of Gina H. McDonald & Associates, our attorneys understand how important it is to fight to keep your business going. We will take the time to explain all your options to you, including filing for Chapter 11.
If you have questions about debt relief, please contact Gina H. McDonald & Associates at (205) 453-4497.
From corporations to small businesses, our bankruptcy lawyers at Gina H. McDonald & Associates, L.L.C., will keep creditors at bay. We can also assist with loan restructuring, protecting your company's assets and reorganizing your business operations to achieve profitability once again.
Chapter 11 Bankruptcy — Business Reorganization Bankruptcy
Unlike other chapters of bankruptcy, Chapter 11 bankruptcy lets us keep the doors of your company open. By negotiating with creditors, our business reorganization attorneys are able to create a payment schedule that you can afford. We are able to eliminate certain debts while assisting you to pay off others.
Your professional relationships with your business partners are crucial to the success of your company. Our Alabama attorneys have substantial experience maintaining the business contacts of companies throughout the Chapter 11 bankruptcy process. We will strive to see that your company succeeds.
Informing You of All Your Bankruptcy and Non-Bankruptcy Options
Chapter 11 bankruptcy may not be the best option for your company. At Gina H. McDonald & Associates, L.L.C., we will take the time to explain all of your options to you, including:
- Chapter 7 bankruptcy: Chapter 7 is the most appropriate option for small businesses that wish to close their operations. It allows for the sale of the company and the elimination of debt.
- Chapter 13 bankruptcy: Companies that wish to stay in business can set up a repayment plan with Chapter 13 bankruptcy. This option is very similar to Chapter 11 bankruptcy, but there is a certain debt-limit requirement that cannot be exceeded.
- Non-bankruptcy options: Our Alabama lawyers will get to know how your company functions on a daily basis in order to reveal every possible path to success. We will work with you to fix your immediate concerns and help decide if filing for bankruptcy is necessary.
If you are considering bankruptcy as a way to get the debt relief your business requires, we can help you understand all your options. At Gina H. McDonald & Associates, we know that business bankruptcy can be difficult. Our lawyers take the time to make the process easier for our clients to go through. Contact us today for an initial consultation. We have multiple law offices, including our new office in the Mobile County area for your convenience.
We are a debt relief agency. We help people file for debt relief under the Bankruptcy Code.
The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.