Alternatives to Bankruptcy
Attorneys with Alternatives to Bankruptcy
Sometimes you can get the debt relief you desire without having to go through the bankruptcy process. Formal or informal plans offer you a chance to work things out your with your creditors. At the Denver law offices of Edward Levy, P.C., we can help you understand your possible alternatives to bankruptcy.
Personal Alternatives to Bankruptcy
There are two types of personal bankruptcy. Chapter 7 gives you a complete liquidation of all your debts. Chapter 13 creates a plan where you can repay your debtors with future income. We can negotiate with creditors on your behalf, so you can enter a repayment or lump sum plan without having to file for bankruptcy. If you have a bad relationship with your creditors, they may be unwilling to work with you, but by hiring an experienced lawyer, you open the doors to negotiation.
Business Alternatives to Bankruptcy
Sometimes fixing just one aspect of you business can make all the difference. We can help you make small adjustments that could make a big difference. Attorney Edward Levy spent fifteen years as a CPA, before practicing law. He understands how to help you run the most efficient business possible. By getting your business back on track, you can start creating the funds you need to pay off you debts.
The two most common types of bankruptcy alternatives for businesses are workouts and turnarounds. If creditors are unwilling to work with you after several failed attempts to pay off your debt, you can enhance your position by working with experienced professionals.
Every person deserves debt relief, but bankruptcy is not right for everyone. At the law offices of Edward Levy, P.C., we help clients throughout Colorado decide if there are alternatives to bankruptcy that better serve their long term goals. Contact us today for a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.