Business Bankruptcy Basics

At York Gaskill, LLC, our bankruptcy practice focuses on helping small businesses that have not been financially successful wind down operations. Typically, this is done through a Chapter 7 business liquidation bankruptcy and is designed to assist that business owner with consolidating his or her business issues in a single place – the bankruptcy.

Often times, the small business owner whose business has run across difficult times also has financial problems, generally arising because the business owner has personally guaranteed obligations of the business or has borrowed money personally to put into the business in an effort to keep the business financially solvent. Therefore, the business bankruptcy is often accompanied by a personal bankruptcy of the business owner.

We understand how difficult these situations can be and strive to help the business owner through the difficult process of winding down an unsuccessful business and aim to provide this representation in a kind, compassionate and respectful way. A temporary set back is never a barrier to great achievement in the future. 

If you feel that bankruptcy is the best option for your business, be sure to hire a trusted bankruptcy attorney with specific experience in business bankruptcies. At York Gaskill, we represent a wide range of small, medium size, and larger businesses and corporations in their bankruptcy filings. We invite you to call or email us directly to discuss your current financial situation. Our team is always here to help.