Business Bankruptcy Attorneys
Help Your Business Bounce Back
Mounting debt, unpaid bills, and declining profits can feel overwhelming, but you don’t have to face bankruptcy alone. Our experienced business bankruptcy attorneys specialize in helping businesses restructure, regain stability, and move forward with confidence.
At North Colony Law Group, we provide tailored legal solutions, whether you need Chapter 7 liquidation or Chapter 11 reorganization. We’ll work closely with you to:
✔ Evaluate your financial situation and determine the best course of action
✔ Develop a customized bankruptcy strategy that fits your business goals
✔ Protect your assets and legal rights
✔ Negotiate with creditors to reduce or eliminate debt
✔ Offer ongoing support and guidance throughout the process
We understand that bankruptcy is a tough decision, but it can also be a fresh start. Our team is committed to providing compassionate, professional, and affordable legal services to help your business move forward.
📞 Contact us today for a consultation and take the first step toward financial recovery.
Business Bankruptcy Options
If your Massachusetts business is a corporation, a partnership or LLC, our business bankruptcy attorneys can advise you on one of the following topics.
Business Chapter 7:
Going Out of Business
A Chapter 7 business bankruptcy allows a company to close its doors in an organized and efficient manner. The Bankruptcy Court appoints a trustee to liquidate assets and distribute proceeds to creditors, ensuring a smooth and structured exit.
Benefits of Chapter 7 Bankruptcy
✔️ Simple and orderly liquidation of business assets
✔️ Owners step away while the trustee handles asset distribution
✔️ Final resolution for creditors and business owners
✔️ More affordable than Chapter 11
Need guidance? Our experienced business bankruptcy attorneys can help. Contact us today!
Business Chapter 11
Reoganization
If your business would be profitable without overwhelming debt, Chapter 11 Bankruptcy may be the solution. This reorganization process allows Massachusetts businesses to restructure debts while continuing operations.
Benefits of Chapter 11 Bankruptcy:
✔️ Business owners stay in control during the process
✔️ Creditors are prevented from taking collection action
✔️ Loan terms and interest rates can be adjusted
✔️ Rent and installment payments may be deferred