Tampa Florida Commercial Bankruptcy Attorney

For most insolvent businesses and all insolvent corporations, the choice when filing is between Chapter 7 and Chapter 11 business bankruptcy. The decision depends on the business owner's future plans concerning the business.

I'm experienced  Pinellas County business bankruptcy lawyer Daniel J. Herman. I'm proud to offer business and individual clients of Pecarek & Herman, Chartered, creative, compassionate counsel. For assistance with your business debts, contact a Tampa, Florida, bankruptcy attorney.

• Chapter 7 Bankruptcy allows for a corporation going out of business to fairly distribute its assets to creditors while overseen by the court. The corporation will then cease to exist.
  
• Chapter 11 Bankruptcy is utilized when an owner seeks to save a business. Creditors are paid out of future profits.

For Chapter 11 filers who seek to stay in business, I evaluate the circumstances using all available resources, including their accountants, bookkeepers, or business advisors, to analyze whether the business is viable, or instigate changes to make it viable. Changes may include business reorganization or lay-offs in which debt is incurred to create a new plan in which both the debtor and creditor are better off than had the owner gone out of business. We work toward fair negotiation between the debtor who wants to keep the business and the creditors who want to get the maximum return.

Contact a Tampa, Florida, bankruptcy attorney for your matter of corporate bankruptcy.

Bankruptcy Disclaimer: The services or benefits provided are with respect to bankruptcy relief under Title 11 of the U.S. Bankruptcy Code. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Pecarek & Herman, Chartered
200 Clearwater-Largo Road South
Largo, FL 33770-1330
Phone: 727-584-8161
Fax: 727-586-5813

Pecarek & Herman, Chartered, in Largo, Florida, represents clients in Tampa Bay and throughout Hernando County, Hillsborough County, Pasco County, and Pinellas County, including the cities of Belleair, Brooksville, Clearwater, Dade City, Dunedin, New Port Richey, Largo, Palm Harbor, Pinellas Park, Port Richey, St. Petersburg, Seminole, Tampa, and Tarpon Springs, Florida.