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The Guidance You Need During Business Liquidation

Last updated on October 10, 2022

As painful as it may be, sometimes liquidating or shutting down a business is a necessary decision to make. Our firm has helped many small businesses throughout the greater Houston area navigate this process, both in and out of bankruptcy.  

Consulting an attorney who knows the ins and outs of shutting down a business, including dealing with personal liabilities for the principals of the business, can make this process much less difficult. Whether negotiating with creditors or fully liquidating through bankruptcy, seek out expert advice from The Fealy Law Firm, PC, as soon as possible to minimize the ramifications and protect personal assets when possible. 

Liquidating A Business Through Chapter 7

The process of liquidating a business to resolve debt issues can be a difficult decision, which can be made all the more problematic when business owners don’t understand their rights, debt relief options or how to navigate the complex legal process. Making matters worse, owners of corporations and LLCs can personally open themselves up to lawsuits and liability for debts if the right form of bankruptcy isn’t filed or the right legal steps are not taken in a timely manner.

Practicing for more than 25 years, attorney Vicky Fealy understands your situation and what’s at stake. She has built her practice on helping individuals and business owners resolve debt issues in an efficient manner. She is well-versed in all chapters of the Bankruptcy Code, including Chapter 7, which can help business owners dissolve debts and avoid the transfer of liability to themselves.

She believes in educating her clients so they can make the right decisions for their particular situations. This means she will personally answer your questions, explain the law and how it applies to your specific situation, lay out your options and guide you through the process that makes the most sense for you.

Let’s Talk About Your Legal Options

Speak with an attorney who understands the tough decisions you face and has the knowledge to uncover options you may not have expected. The team at The Fealy Law Firm, PC, is here for you. Call 713-568-4491 or complete our contact form to schedule your free and private consultation today. Se habla español. 

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