Business Bankruptcy
Lawyer in Las Vegas
Financial setbacks can happen to even the strongest companies. When debt becomes unmanageable or creditor pressure threatens your operations, the right legal strategy can mean the difference between recovery and closure. Our attorneys specialize in business bankruptcy law, helping Las Vegas businesses protect assets, reduce liabilities, and rebuild financial stability.
From reorganizing debt under Chapter 11 to guiding small businesses through the Subchapter V process, our experienced legal team delivers comprehensive, results-driven representation. With deep knowledge of Nevada’s bankruptcy courts and a proven track record of success, ABW Firm provides the counsel and advocacy your business needs to move forward with confidence.
Understanding Business BankruptcY
Business bankruptcy is a legal process that allows companies struggling with debt to either reorganize and continue operations or liquidate assets under court supervision. It provides legal protection from creditors while offering a structured path to financial recovery or orderly closure.
There are several types of business bankruptcy filings, each designed to meet different needs:
Chapter 7 Bankruptcy
(Liquidation)
For businesses that must close, Chapter 7 involves liquidating assets to repay creditors and keep owners from liability.
Chapter 11 Bankruptcy
(Reorganization)
Allows companies to restructure debt, renegotiate obligations, and continue operations under court-approved plans.
Subchapter V
(Small Business Reorganization Act)
A simplified version of Chapter 11 designed for small businesses seeking faster, more cost-effective restructuring.
We carefully evaluate your financial situation, business structure, and goals to recommend the most strategic legal solution.
When to Consult an Attorney
Knowing when to act can make all the difference in preserving your company’s future. You should consult a business bankruptcy lawyer in Las Vegas if your company is experiencing:
Persistent creditor harassment or collection actions
Lawsuits, judgments, or liens threatening your business assets
Mounting debt and cash flow shortages
Difficulty meeting payroll or operational expenses
Loan defaults or pending foreclosure on commercial property
Financial strain caused by economic downturns or market shifts
By seeking legal guidance early, your business can explore options such as restructuring, negotiation, or asset protection, helping to preserve value, maintain operations, and promote long-term stability.
Benefits of Working with a
Business Bankruptcy Lawyer
Partnering with a knowledgeable Las Vegas business bankruptcy lawyer provides your company with both legal protection and financial clarity. We help businesses:
Protect valuable assets from creditor seizure or liquidation
Stop lawsuits, wage garnishments, and foreclosure actions through automatic stay protection
Negotiate settlements and repayment plans with creditors
Develop strategic reorganization plans tailored to long-term business goals
Ensure compliance with bankruptcy court procedures and federal regulations
Reduce personal liability exposure for owners and executives
Our attorneys provide more than legal representation, we offer practical guidance and strategic insight to help your business work toward financial recovery and renewed stability.
Why Choose ABW Firm for
Business Bankruptcy?
We’ve built our reputation on results, integrity, and unwavering commitment to our clients. Our attorneys, Ryan A. Andersen, Esq., Michael N. Beede, Esq., and Mark M. Weisenmiller, Esq., bring years of experience in bankruptcy, business litigation, and real estate law to every case we handle.
We are proud of our:
Proven success in business bankruptcy and debt restructuring
Strong relationships with Nevada’s bankruptcy courts and trustees
Extensive experience representing corporations, LLCs, and small businesses
Personalized approach focused on protecting your assets and future
Frequently Asked Questions
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Chapter 7 involves liquidation and closure, while Chapter 11 allows your business to reorganize and continue operations under a repayment plan.
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Yes. Once you file, an automatic stay immediately stops lawsuits, foreclosures, and collection actions.
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In many cases, yes, particularly under Chapter 11 or Subchapter V, where operations continue during restructuring.
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Timelines vary. Chapter 7 typically takes 3–6 months, while Chapter 11 or Subchapter V may take several months to a year, depending on complexity.
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We assess your financial position, design tailored debt relief strategies, and handle every legal aspect of bankruptcy to protect your business and your reputation.
Schedule Your Free Consultation
If your Las Vegas business is facing overwhelming debt or creditor pressure, you don’t have to face it alone. Contact ABW Firm today to schedule a free consultation.