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Whitehall, PA |
Bankruptcy Alternatives
Often the uninformed business owner comes to believe that filing a bankruptcy petition is the only way out of large unpayable debt. Very few small businesses survive a Chapter 11 or a Chapter 13 filing. A Chapter 7 filing is really a walk-away which can also devastate the personal credit of the owners for up to 10 years. Browne, Berlin & Gallo can assist in restructuring loan commitments, discount vendor debt, work-out liberal payment terms and a host of other options which deliver much better results for the creditors and the client then a bankruptcy filing. We are your alternative to filing bankruptcy.
Call us to discuss the best approach for your situation.
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