Armonk Legal Practice Handles Chapter 7, 11, & 13 Bankruptcy For Entrepreneurs

Mar 9, 2023

When your business is struggling, bankruptcy can give you much-needed breathing room. Luckily, Jafri Law Firm (+1-800-593-7491) of Armonk, NY offers expert advice.

The hardest decision you’ll have to make as an entrepreneur is deciding to close up shop. But Jafri Law Firm says that bankruptcy can be the key to surviving another day.

It has a 24/7 hotline where you can get trusted preliminary bankruptcy guidance. This move is an acknowledgment of the ongoing economic fallout caused by the COVID-19 pandemic.

Learn more at https://www.jafrilawfirm.com/practices/bankruptcy

The law firm has extensive experience in Chapter 7, Chapter 11, and Chapter 13 bankruptcy filings. It works closely with you to determine the best course of action.

NOT OUT OF THE WOODS YET

While the number of bankruptcy filings in Q3 2022 shrunk by 18.7% compared to last year, the market landscape remains challenging. Macroeconomic factors like inflation and rising interest rates have likely made the cost of running your business skyrocket, leaving you struggling to keep it afloat.

Bankruptcy allows you to restructure loans and get better repayment terms. In certain cases, some of your debts can be discharged altogether.

DIFFERENT SOLUTIONS FOR DIFFERENT SCENARIOS

Jafri Law Firm understands that no two businesses have the same needs, which is why it can handle all three major bankruptcy types. These include:

‣Chapter 7 bankruptcy - Ideal if you wish to close your enterprise.

‣Chapter 11 bankruptcy - Ideal if you need to reorganize debt to keep your business in operation

‣Chapter 13 bankruptcy - Ideal if you want to restructure both business and personal debts

ABOUT JAFRI LAW FIRM

Jafri Law Firm is staffed with experienced professionals who specialize in high-stakes litigation. Atty. Farva Jafri, an alumna of the University of Illinois at Urbana-Champaign College of Law, serves as the practice’s managing partner. Its practice areas also include family, employment, and criminal law. It has received the Clients’ Choice Award from the review platform AVVO for its outstanding service.

A satisfied client shared this review: “Atty. Farva Jafri is a first-tier professional who continues to be a valuable resource. She is a dedicated client service provider, as well as a highly knowledgeable lawyer. These qualities are reflected in the work she and her team consistently deliver.”

There’s no reason to be wary of bankruptcy. This process gives you a reprieve so your business can come back stronger than ever. Call Jafri Law Firm today!

Just visit https://www.jafrilawfirm.com/practices/bankruptcy for more info.

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