Small business owners considering a Chapter 11 bankruptcy filing should request an analysis of potential preference claims. These are potentially a double-edged sword: they may provided a needed source of funds, but the owners themselves may end up as the defendants.
If you are considering requesting Chapter 11 bankruptcy protection, you should consult with an attorney familiar with Chapter 11 bankruptcies to discuss your options. For a free consultation, call (480) 719-1152.
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