Creative Solutions to Business Debt Problems in Pennsylvania
For comprehensive advice and effective solutions to business-related debt problems, contact the Law Offices of Brian J. Tyler in Harrisburg for a free consultation with a lawyer who takes a constructive and imaginative approach to debtor-creditor problems.
Call 866-435-9451 in Harrisburg to Learn About Your Options
We work with partnerships, proprietorships, professional practices, closely held corporations, family farms and businesses to find the best solutions to business debt problems.
One of the first questions we consider is the viability of your business. If it is hard to imagine a set of realistic circumstances under which you can approach and achieve profitability, we will advise you about the best ways to wrap up the business and cut your losses, either in or out of bankruptcy.
If it appears that changes in your business plan, cash flow or accounting methods can give you a reasonable chance of survival, we will identify the creditors who represent the greatest pressures and work directly with them to extend payments, substitute collateral or restructure your obligations.
While the services we provide will vary with each business, we commonly help our clients resolve the following:
- Federal income or payroll taxes
- State or local taxes
- Judgment liens
- Secured creditor delinquencies due to sagging sales or declining inventory values
- Termination of credit facilities
- Commercial lease problems
- Equipment lease problems
- Exposure on personal guaranties
Our goal is to expand your options toward survival or a graceful exit, depending on your circumstances and your broader business and personal objectives.
The business workout practice at our law firm is a highly structured and orderly process that can actually take several years to implement. In many cases, you will be able to continue operations and stay out of bankruptcy while you perform under negotiated workouts.
We seldom need to file a Chapter 7 liquidation case for our business clients, and instead, handle any liquidation or wrap up for our clients.
If you end up needing to liquidate your business and look toward avoiding liability on personal guaranties, our alternatives to bankruptcy can save you time and money.
We work with truckers and trucking operations and other manufacturing businesses, artists, restaurateurs, building contractors, insurance professionals, retailers both small and large, and family businesses of all kinds. To learn more about our creative approach to business debt solutions, discuss your situation with an experienced attorney. Contact the Law Offices of Brian J. Tyler in Harrisburg.
