Chapter 11 Bankruptcy, Business Restructuring & Debt Workout Lawyer

Boca Raton, Ft. Lauderdale and South Florida

Every day, more and more businesses in Boca Raton, Ft. Lauderdale and across Florida are facing financial crisis. A few of these businesses will restructure, recover and ultimately regain their footing, but many won’t. While a lot of struggling businesses have fundamentally strong business plans, skilled leadership and have been successful in the past, these factors alone may not be enough to counteract an environment of declining sales, losses from investments, rising costs and outstanding receivables.

Our clients are typically entrepreneurs and business executives in industries including real estate, hospitality and professional services that are facing difficult business situations. These professionals are looking for practical and knowledgeable advice as to how to best proceed – either to restructure and save their businesses or protect their wealth.

For many businesses, Chapter 11 bankruptcy (voluntary bankruptcy), may seem to be the best option, and perhaps it is; however, in Florida, there are alternatives ranging from complex debt workouts to utilizing a Florida statute-entitled plan called "assignment for benefit of creditors." These alternatives can provide asset protection while allowing you to repay some or all of your debt. In those cases where Chapter 11 is the best alternative, it is still a complicated process requiring a strong understanding of Florida law, negotiation skills and realistic business restructuring experience.

Successful recovery is difficult to achieve, but our law firm offers the solutions to improve your chances.

As an ounce of prevention is worth a pound of cure, we also offer Wealth Preservation services. We work with businesses and individuals to segregate and insulate valuable assets from liability to the greatest extent allowable by law, thus reducing exposure and financial vulnerability. By using domestic planning vehicles to create layers of insulation between the client and potential creditors, we reduce our clients’ vulnerability to lawsuits.

Lastly, our bankruptcy experience has made us a strong choice for banks and other creditors when a borrower has filed for bankruptcy.

You’ve worked hard building your business. Seek sensible, sound advice to keep your business and protect yourself. Call the Boca Raton Florida law firm of Sidney Turner, LLC at 561.208.6383.

Sidney Turner – Legal Insight, Business Strategy

Sidney Turner LLC offers Chapter 11 Bankruptcy, Business Restructuring, and Debt Workouts to corporations, small businesses and startups across South Florida including the Boca Raton, Coral Springs, Deerfield Beach, Ft. Lauderdale, Margate, Tamarac, Davie, Hollywood, Palm Beach County and Broward County.