Business Bankruptcy and Debt Reorganization
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Braucher & Amann regularly counsels its clients in connection with the development and execution of creative and inventive strategies aimed at effectuating both in court and out-of-court restructurings. By combining sophisticated legal, turnaround and business advisory skills, Braucher & Amann’s Bankruptcy & Financial Restructuring Group assists clients with navigating the complex landscape of insolvency, bankruptcy and restructurings.
Our bankruptcy attorney team regularly represents troubled companies, committees, secured creditors, lenders, investors, landlords and vendors, both in and out of bankruptcy court. As an experienced bankruptcy law firm, our goal is always to design and implement the strategy best suited to our clients' business plans in a cost effective and pragmatic manner. |
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In addition, the attorneys at Braucher & Amann can help you explore out-of-court options and determine if one of those options is the right fit for your needs. Common out-of-court options include divestiture, acquisition, recapitalization, workout, refinancing or operational restructuring. While bankruptcy can be an effective tool, our attorneys will help you analyze every option that's available. In each of these matters, our primary goal is to help our clients maximize the value of their investments and reduce the risk, cost, and time associated with distressed investments.
Chapter 11 bankruptcy is designed for corporations, LLCs and partnerships and individuals with a significant amount of debt and income. This is a complicated process requiring businesses and individuals who file for Chapter 11 to work with creditors in reorganizing and restructuring their debts. Once the bankruptcy process is complete, the business continues to operate, and the individuals can discharge a substantial amount of debt.
We also represent sole proprietors with small-business bankruptcy concerns. Through Chapter 13 bankruptcy, sole proprietors work with their attorney to create a plan focused on restructuring and consolidating their debts. The creditors must accept the plan, after certain legal standards are met.
Some financial institutions are reluctant to offer small-business loans. With the lack of cash flow, businesses often struggle to remain competitive.
If you own a small business or a family-run operation, you are likely also personally invested in the success of your company. Declining profit margins affect you professionally and personally.
Chapter 11 bankruptcy is designed for corporations, LLCs and partnerships and individuals with a significant amount of debt and income. This is a complicated process requiring businesses and individuals who file for Chapter 11 to work with creditors in reorganizing and restructuring their debts. Once the bankruptcy process is complete, the business continues to operate, and the individuals can discharge a substantial amount of debt.
We also represent sole proprietors with small-business bankruptcy concerns. Through Chapter 13 bankruptcy, sole proprietors work with their attorney to create a plan focused on restructuring and consolidating their debts. The creditors must accept the plan, after certain legal standards are met.
Some financial institutions are reluctant to offer small-business loans. With the lack of cash flow, businesses often struggle to remain competitive.
If you own a small business or a family-run operation, you are likely also personally invested in the success of your company. Declining profit margins affect you professionally and personally.
EXPERT BUSINESS BANKCRUPTCY LAWYERS
At Braucher & Amann, our bankruptcy attorneys have more than 50 years of collective experience helping business owners throughout New England obtain debtor and creditor relief.
The experienced bankruptcy lawyers at Braucher & Amann can assist your business in the following areas:
- Sub-Chapter V of chapter 11 (SBRA-Small Business Reorganization Act)
- COVID-19 a/k/a Coronavirus Stimulus Funding
- Business Debt restructuring
- Plan Formulation, Confirmation & Disclosures Statements & Balloting
- Cash Collateral Motions & Budgets and Reconciliations
- Valuation and Evidentiary Hearings
- Proof of Claim filing and defense
- Dischargeability Actions
- Preference Actions
- Priority and Administrative Debt
