New Jersey Chapter 7 Bankruptcy Lawyer

Bergen County Credit Card Debt Relief Attorney Serving the Legal Needs of Businesses, Families and Individuals in New Jersey

Starting a business takes a lot of time, work, and motivation. But no matter how much work an individual puts into a business, the reality is that many businesses don't succeed. If your business is in financial trouble, please know that you are not alone. At times, a business bankruptcy can be interlocked with your personal finances and requires a reconciling to ensure that the proper debts are discharged and your personal assets are protected.

Before filing bankruptcy, we may be able to assist you by putting together a comprehensive work out of your debts. This sometimes even includes the refinancing of your business with the assistance of your creditors.

Business bankruptcy may be the best strategy to make a fresh start. Depending on your level of business debt and business assets, you may be able to file a Chapter 7 business bankruptcy. Chapter 7 business bankruptcy allows you to liquidate your business assets to raise funds to partially repay creditors — and then walk away from the remaining debt. If your business debts or assets are too high, you may not qualify for filing a Chapter 7 business bankruptcy; however, you may still be able to file a Chapter 11 business bankruptcy petition.

Klein & Radol, LLC: Our Business is Protecting Your Business

Klein & Radol, LLC, is a long-established Bergen County law firm that offers legal representation to business clients in bankruptcy courts. We carefully counsel our business clients to ensure that Chapter 7 or Chapter 11 bankruptcy truly is the best option. Depending on your circumstances, we may be able to help you avoid business bankruptcy by creating a debt restructuring strategy. To schedule a free consultation with a Chapter 11 business bankruptcy attorney call us toll free at 877-833-5489, or call us locally at 201-308-5306.

Experienced Bankruptcy Lawyer in Englewood, New Jersey

Business clients of Klein & Radol work directly with seasoned bankruptcy attorney Roger Radol and receive strategic advice based on his two decades of legal experience. In addition to his legal education and experience, Mr. Radol also has undergraduate and graduate degrees in business finance. This powerful combination of knowledge and legal skills allows our law firm to offer effective, protective and efficient advocacy to business clients trying to solve financial difficulties.

Understanding Chapter 7 Business Bankruptcy

Chapter 7 bankruptcy may be a viable option for businesses that cannot continue to operate due to high debt or operating expenses, lack of operating capital and no significant assets. This type of bankruptcy erases most of the business's debts, but may require the business to sell most of its assets to repay some of the debt.

Chapter 7 bankruptcy is likely the best option if the business:

• Has little or no potential to make money
• Has debts or large amounts of accounts payable making debt restructuring unavailable as an option
• Offers a product or service that is easily reproducible

Get Answers to Your Questions and Relief From the Stress of Financial Struggles

Talk to a knowledgeable business bankruptcy lawyer. Schedule a free consultation in our Englewood, New Jersey, office. Call toll free 877-833-5489 or locally 201-308-5306.

Klein & Radol, LLC
New Jersey Chapter 7 Bankruptcy Attorneys

New Jersey business bankruptcy attorney helping clients file for Chapter 7 bankruptcy
Se habla español · Mowimy po Polsku · Korean