The Daniel Law Firm, 13062 W. Highway 290, Suite 207, Austin, Texas 78737.

Are you looking for a way to kee the doors open on your struggling business?  Speak with an experienced Austin bankruptcy attorney today.

It seems like every week carries news of some huge corporation filing for bankruptcy, and some of the details come out in the paper, but there still remains a lot of misunderstanding about what bankruptcy is, especially as it pertains to businesses. In these difficult economic times, a lot of smaller businesses in Austin are having trouble keeping their doors open. In some cases, a Chapter 11 bankruptcy may be a good way for businesses to keep their doors open, and get back on their feet. The most important thing that many people don’t realize is that a Chapter 11 bankruptcy allows you to repay debts on a plan, often at a discounted rate, and keep your doors open. Many businesses have been able to use Chapter 11 as a way to get back to profitability.

If your business is struggling to keep its doors open through tough times, speak with an experienced Austin business bankruptcy attorney as soon as possible to discuss your options. Brian Daniel has tremendous experience helping individuals and businesses get back on their feet, and can help you understand Chapter 11, and decide whether bankruptcy can get your business back on its feet. For more information and a FREE INITIAL CONSULTATION contact Brian at The Daniel Law Firm at (512)271-9437.

What are my options to get the bills under control?
How does bankruptcy work?
What are the alternatives to bankruptcy?
How will filing for bankruptcy affect me in the long term?

There are a many people who believe that they have the answers to these questions, but ultimately, bankruptcy is a highly personal decision, one that no one else can make for you, and that requires a great deal of consideration. Perhaps most importantly, the question of whether to file for bankruptcy requires that you be armed with as much information as possible: information about bankruptcy options as well as information about options to avoid bankruptcy. Again, in order to make a truly informed decision, knowing the details of your particular situation is critical, and no one can make this decision for you.

Certainly, many people do file for bankruptcy. According to the U.S. Bankruptcy courts, over 25,000 non-business Chapter 7 bankruptcy cases were filed in Texas alone in 2010. Chapter 7 is a form of liquidation bankruptcy in which non-exempt assets will be sold in order to pay off as many creditors as possible, and many debts can qualify to be discharged. While certain debts, such as student loans, may not qualify to be discharged in a Chapter 7 bankruptcy, there is also property that is exempt from liquidation. For many people, particularly people who have had significant changes in income level, Chapter 7 bankruptcy can be part of the process of getting out from under an uncontrollable debt burden.

If you think that bankruptcy may be the right step for you, speak with an experienced Austin bankruptcy attorney as soon as possible to discuss your options. Knowledge is critical to making an informed decision. Brian Daniel is an Austin bankruptcy attorney who has helped countless people ease the burden that out-of-control debt has caused. He can discuss with you how bankruptcy works, and what the short and long-term consequences are likely to be. A decision this important should be an infomred one; for more information and a FREE CONSULTATION contact Brian at The Daniel Law Firm today at (512)271-9437.

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The Daniel Law Firm, LLC
Frost Bank Tower
401 Congress Avenue, Suite 1540
Austin, TX, 78701

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