For businesses that are struggling with finances, bankruptcy can offer a business owner options to stay in business or to close the business. Bankruptcy can bring relief to a small business owner depending on the type of business and bankruptcy filed. Our Bankruptcy FAQ’s provide insight on which small or large business bankruptcy is best for your Columbus, Ohio business.
Under chapter 13 bankruptcy a small business, whether a sole proprietor or incorporated entity such as a limited liability company (i.e. LLC), can stay open and make monthly payments to creditors to pay off debt. If the business isn’t receiving enough income/revenue in a month then it can file under chapter 7 bankruptcy and close the business in an efficient and transparent manner. Our experienced team at Sheppard Law Offices will help decide which option is best for your business.
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We accept various options for payment, including debit and credit cards. However, please be aware that we are not permitted to accept credit card payments directly from bankruptcy clients. Contact us today for your free initial consultation with one of our tax or bankruptcy lawyers. We are a debt relief agency. We help people file for protection under the U.S. Bankruptcy Code.