Lincoln Attorneys: Chapter 11 and Real Estate Bankruptcy
Skilled Representation for Businesses, Real Estate Owners and Farmers
In today's difficult economic climate, many businesses fail. Whether you attempted to start a new business or you are running an established business that is having difficulty, it is never easy when your plans do not work out. No matter how good the product or service, there are many outside factors that can determine whether a company succeeds or not.
At The Law Office of Glen D. Witte, PC, LLO, we work with business owners, real estate owners and farmers who are facing serious financial issues. Our attorneys work hard to help clients find relief from the stress and anxiety associated with a struggling business. Using our knowledge of bankruptcy law, we are ready to help you make the right decisions that can lead toward a brighter future.
To schedule a free initial consultation with our Lincoln business bankruptcy lawyers, please call 402-467-5080 or contact our law firm online.
Understanding Your Bankruptcy Options
Perhaps you are a real estate developer who made a substantial investment, but now there are no buyers for your property. You may be a farmer whose family farm is struggling. Or you might be an entrepreneur with a failing startup business. Whatever your situation, do not lose hope. Our attorneys help people all across Nebraska find financial relief.
- Chapter 7 bankruptcy: If you do not want to keep the business up and running, Chapter 7 could be a good option for you. This type of bankruptcy will eliminate much of your debt and allow you to move forward. Our skilled lawyers can advise you on the ramifications of filing a Chapter 7 for your business.
- Chapter 11 bankruptcy: Much like Chapter 13 personal bankruptcy, Chapter 11 is a debt reorganization plan that allows you to make manageable monthly payments for a three- to five-year period. Plus, Chapter 11 allows your business to continue operating while you get caught up on debts. We can help determine if you qualify for Chapter 11 reorganization.
- Chapter 12 bankruptcy for family farmers: Nebraska is one of the leading agricultural states in the country. But, the economy has resulted in fluctuating market conditions that have put many family farmers under distress. If you run your farm as a sole proprietorship or as a partnership or corporation, Chapter 12 bankruptcy can give you relief. You enter a repayment plan of five years or less, and at the end you are caught up with your obligations. We are ready to discuss this option with you and see if you qualify.
Contact Our Lancaster County Commercial Property Bankruptcy Attorney for a Free Consultation
If you are concerned about your financial future and you are having problems meeting your obligations, do not give up hope. We are here to help. For a free initial consultation, call 402-467-5080 or contact our law firm online.
We are a debt relief agency. We help people file for relief under the bankruptcy code.