Debt Reorganization Lawyer
Debt reorganization and loan workouts are common alternatives to Chapter 11 business bankruptcy. However, it is important to have experienced and strategic legal advocacy to ensure that an organization meets its goals. At the Law Office of Ronald V. De Caprio, we represent business owners in debt reorganization, effectively protecting their rights and interests without filing for Chapter 11 bankruptcy.
Reorganization for Businesses
New York businesses seeking to address excessive debt without bankruptcy will most likely have to reorganize and take extra precautions to protect their investments and assets. Business owners who wish to protect property, including real estate, should contact an attorney with broad experience in the financial restructuring of businesses. Our law firm is experienced in all of the following:
- Negotiation of reorganization
- Rehabilitation
- Sale or liquidation of selected assets
- Foreclosure help and advocacy
Rockland County Attorney Handling Loan Workouts
At the time of bankruptcy, loan workouts may be available that can protect the investments and assets of the business, retain employees' jobs and preserve the organization. Our firm routinely represents business debtors in the restructuring of commercial loans, helping them:
- Maximize value of the enterprise
- Negotiate new repayment plans with creditors
- Move quickly to implement workout details
A successful workout strategy can involve principal reductions, extension of the length of the loan, interest-only payments, extension of balloon payment and deferred payments. We work closely with clients to develop the approach that best suits their circumstances and goals. We inform business clients of their rights, work hard to protect their assets, and help them maximize the value of their businesses for the future.
Contact Us
Please feel free to call 845-406-4201 or contact us online to schedule an appointment to speak with an experienced Rockland County loan workout lawyer.
