Bankruptcy for California Small Businesses
Small business owners are often faced with the circumstance of either having business debts that are affecting their personal finances or personal debts that are affecting their ability to operate their businesses.
At the Law Offices of James A. Pixton in Oakland, Alameda and Modesto, California, we help small business owners get debt relief by filing for bankruptcy protection. In many cases, we can help business people reduce their debt burdens while continuing to operate their businesses. Contact us to schedule a free 30-minute consultation with experienced bankruptcy lawyer James A. Pixton.
Getting Your Debts on a Chapter 13 Payment Plan
If you operate a small business as a sole proprietorship or partnership, Chapter 13 bankruptcy may allow you to create a payment plan to partially repay your personal and/or business debts while continuing your business operations.
If your small business is behind on sales tax and other taxes, getting into a court-sanctioned bankruptcy payment plan may give you relief from serious tax consequences such as bank levies, till taps and forced shutdown.
Whatever debts you and your business are facing, we will help you sort out your personal and business finances and determine whether filing for Chapter 13 bankruptcy is a good option for getting small business debt relief.
Looking at All of Your Business Bankruptcy Options
In addition to Chapter 13 bankruptcy, there are other bankruptcy relief options for small business owners. If you no longer want to operate the business, Chapter 7 bankruptcy may help you get debt relief. If your business is incorporated, Chapter 11 bankruptcy may be appropriate.
Attorney James A. Pixton can help you understand all of your options for small business bankruptcy relief. Contact us today. We have two convenient locations (Alameda and Modesto) to better serve you and offer a free 30-minute consultation.
