Of course you should explore all options before deciding to bankrupt your business. A Douglas County bankruptcy lawyer is the best source to go to for advice, and if need be, help filing a petition.
If, after consulting, you decide to go ahead with a bankruptcy plan, you will then have to decide which way to go. Do you want to reorganize your debt to try to keep your business afloat, or are you ready to dissolve it?
If you are a small business owner, or one of a partnership, keep in mind that creditors may come after your personal assets if your business can’t meet it’s obligations to them.
Get the most experienced advice available in Douglas County from the Parker Lawyers firm of James T. Anest. A Douglas County bankruptcy lawyer will be able to suggest the best course of action for your business, and he will know exactly what steps should be taken to protect you and your family from personal risk. Call Parker Lawyers today: 303-841-9525.