Orange County Business Bankruptcy Lawyer
At the Law Offices of Michael D. Pinsky, P.C., we recognize that choosing bankruptcy for your business is a difficult decision but we urge you to look at this as an opportunity for a fresh start. Whether you are a small business, single real estate property owner, farmer, or fisherman, it is important to understand what bankruptcy options are designed for your situation. An Orange County, NY business bankruptcy lawyer at the Law Offices of Michael D. Pinsky, P.C. is here to help you understand all avenues of bankruptcy and can act as a guiding force every step of the way. We are prepared to be your greatest advocate throughout the entire process. Contact the Law Offices of Michael D. Pinsky, P.C. to schedule an appointment today.
Our Business Bankruptcy Services
The Law Offices of Michael D. Pinsky, P.C. proudly represents business owners across the Hudson Valley, including Orange County, as they navigate bankruptcy proceedings. No matter your situation, our firm is here to provide strong legal representation when it matters most. We are ready to act as a helping hand to ensure the bankruptcy process runs as smoothly as possible so you can be freed from the stress of debt. Some of our many business bankruptcy services include the following:
- Chapter 7 Business Bankruptcy
- Chapter 11 Business Bankruptcy
- Chapter 12 Business Bankruptcy
- Business Debt Restructuring
- The Automatic Stay
Chapter 7 Bankruptcy: This type of bankruptcy is referred to as liquidation, and almost always results in the closure of the business. However, it allows the business owner to walk away free of any unsecured debts that are associated with the business to start fresh.
Chapter 11 Bankruptcy: This type of bankruptcy is typically reserved for those who have too much debt to file Chapter 13 bankruptcy. It can allow the business to keep its doors open and remain operational during the bankruptcy process. There are several areas of Chapter 11 bankruptcy that are designed specifically for small business owners, including the SBRA.
Chapter 12 Bankruptcy: This type of bankruptcy is reserved only for farmers and fishermen who are facing debt, either as a family farmer/fisherman or as a corporation of this nature.
Business Debt Restructuring: If your business is struggling but is not quite ready for bankruptcy, you may be able to renegotiate the business’ debt with creditors to save the operation.
The Automatic Stay: One of the biggest benefits of bankruptcy is that filers are immediately protected by the automatic stay, which requires that creditors cease all contact and collection efforts against your business.
Contact a Newburgh Business Bankruptcy Lawyer
At the Law Offices of Michael D. Pinsky, P.C., we understand that business owners face an immense amount of pressure to keep their business afloat. However, bankruptcy can be a clear path to freedom from the debt that is causing all of this stress. Our Newburgh-based law firm is proud to serve business owners across the Hudson Valley can help you determine whether bankruptcy is right for you. If it is, we will ensure that you clearly understand all of your options and assist you in moving forward. Contact the Law Offices of Michael D. Pinsky, P.C. today to discuss your case.