Whether you are a big business with multiple banks breathing down your neck, or a single individual with credit card or medical debt collection calls coming in day and night, the stress you feel is similar. We get it because we have seen it before, and we understand how overwhelming our clients’ problems feel to them. For consumers, individuals, and families, a fresh start through bankruptcy is often the best answer. We know that filing bankruptcy is nothing to feel proud of, but neither should it be a stigma of defeat nor an embarrassment. We are a firm of caring individual lawyers and paralegals who will help you work through the process and come out the other side with a stronger financial picture in order to get on with your life and start again. This is often what is in your best interest and the interests of your family.
In addition to handling many Chapter 7 and 13 bankruptcies, along with Chapter 11 cases for high-income individuals and Chapter 12 cases for farmers, we work with our clients who may be involved in litigation, collection, or foreclosure to see if there may be a solution short of filing formal bankruptcy that can be worked out with your creditors. Our attorneys would never tell anyone to just rush out and file without thinking through other possible options that might be available to you.
Many of our clients have failed or troubled small businesses that have bled over in to their personal financial picture. Our clients work with our attorneys and paralegals to gather information so that we can become educated about the entire situation in order to help them figure out next steps and options. We want our clients to fully understand their options in order to do what is best under trying circumstances.
Facing possible bankruptcy, either personal or through a business, is difficult. A Chapter 7 bankruptcy is a proceeding in which a company stops all operations and goes out of business.
Chapter 11 bankruptcy allows time to repay debts and propose a repayment plan to creditors. Chapter 11 reorganization is the most complex of all bankruptcy cases and generally the most expensive.
Chapter 13 is a section of the Bankruptcy Code which helps qualified individuals, or small proprietary business owners who desire to repay their creditors but are in financial difficulty.
As companies and individuals grow and evolve, their financial situations naturally change. If an individual or company is facing financial distress, options other than a formal bankruptcy may still be available to them.
From fast-moving emergency injunction proceedings to complex and drawn-out disputes, DelCotto Law Group works unceasingly and relentlessly for its clients.