Chapter 7 Gives Business Owner a New Beginning

Chapter 7 bankruptcy gave our client, a struggling business owner, a clean slate after they became more than $200,000 in debt following the challenges of COVID-19. 

In this case, the client's biggest hurdle was a personally guaranteed Small Business Administration (SBA) loan. Thanks to the expert guidance of our Bankruptcy Team, our client could shed their immense debt burden. We constructed a plan that protected their home and car, paving the way for a fresh start.