Untitled Document


Bankruptcy Without Asset Liquidation


California Asset Liquidation Avoidance

Filing for bankruptcy does not always mean loss of ownership or control ofa business.

The Law Firm of Peter M. Lively can sometimes develop strategies that enable a business owner to retain ownership and control of the firm, while the business finances are reorganized. The business owner can then end up with a financially healthy operation with significantly less or even no debt.

In a workout situation, we will:

  • analyze the situation
  • devise the best strategy
  • negotiate settlements with creditors, which reduce the amount of debt and payment periods
  • coordinate settlement actions and paperwork

Bankruptcy law is complex and you need an attorney who knows California. Asset liquidation avoidance and restoration of financial stability is our goal. Put our years of experience to work for you.

In situations where the business finances are sufficiently weak to justify filing for bankruptcy but where a viable business operation still exists, we can also help. In this situation we devise a legal strategy where the company files for Chapter 7 bankruptcy, but then the owner of the business reacquires the company.

Remember, bankruptcy is not the end of your financial life. In many ways it is a new beginning ? a fresh start.

 


Peter M. Lively has helped thousands of clients start fresh. Call us today at (310) 899-0630 or contact us online to set up an initial consultation.

 

We can help you start a new financial life.

 

The Law Offices of Peter M. Lively provide assistance in bankruptcies to businesses and individuals in the Los Angeles area, including Santa Monica, Santa Barbara, Santa Ana, Pacific Palisades, Marina del Rey, San Fernando, Burbank, Glendale, and Inglewood.

 

The Personal Bankruptcy Center

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

 

The Law Offices of Peter M. Lively
11268 Washington Boulevard
Suite 203
Culver City, California 90230-4647

Telephone: 310-391-2400
Toll Free: 800-307-DEBT (3328)
Fax: 310-391-2462