Bankruptcy or insolvency is a legal status of a person or a company that cannot repay the debts it owes to its creditors.
Creditors may file a bankruptcy petition against a business or corporate debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or company).
Our bankruptcy lawyers will be committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future.