Sometimes businesses encounter problems too large to overcome, which leaves its owners feeling like they have run out of options. At these times, a business owner should find ways to maximize the business assets while mitigating financial obligations and issues.
Pearson Butler is highly experienced with business wind down and restructuring the debt of financially distressed companies for executive management, creditors, and investors. Since every business situation is different, the firm’s attorneys offer a variety of solutions for businesses across Utah.
Debt restructuring may include the following options:
- Chapter 7 bankruptcy
- Chapter 11 bankruptcy
- Wind down
- Commercial workouts for mortgages
- Asset sale
Many businesses struggle with vetting out the pros and cons of each debt restructuring approach. Pearson Butler can help.
Schedule a confidential business wind down or debt restructuring consultation by calling (800) 265-2314.
Overseeing the Debt Restructuring or Wind Down Process
Financially distressed businesses need two types of professional services to prepare and complete a successful restructuring:
- Debt relief attorneys with complete knowledge of the intricacies of bankruptcy laws, including Chapter 11 and Chapter 13 bankruptcy.
- Professionals experienced with wind down and debt restructuring.
In a restructuring scenario, Pearson Butler would be retained as legal counsel to wind down and restructure for the management, shareholders, creditors, and board. The firm would give advice, provide options, and execute accordingly.
How Pearson Butler Works
The legal and work out team at Pearson Butler has extensive business experience. The firm assists businesses through the wind down or restructuring process by evaluating options, determining the best restructuring solution, identifying company assets, engaging in debt settlement negotiations with secured and unsecured creditors, and making distributions when available to creditors and shareholders. The firm can also assist you in the event a Chapter 11 or Chapter 13 bankruptcy is advisable.
The Utah business wind down lawyers at Pearson Butler:
- Are experienced with business workouts and wind downs
- Will work until the matter is finished
- May be able to help you sell your assets
- Utilizes an entire team of qualified attorneys and consultants
Contact the firm today at (800) 265-2314 for information and insight that applies to your company.