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Bilu Law Chapter 7 Corporate

Chapter 7 Corporate Bankruptcy Attorneys in South Florida 

Working for Our Clients from Offices in Pompano Beach & Miami

Like individual debtors, businesses and corporations can file for bankruptcy when debts become overwhelming. However, personal and business bankruptcies are governed by different procedures and rules.

If you are a business owner who needs to file for Chapter 7 bankruptcy on business debts, our attorneys can help you. At Bilu Law, we are deeply knowledgeable and experienced in many aspects of bankruptcy law. We can help you wipe away debts and obtain a fresh financial start.

Call Bilu Law today at (954) 239-7386 or contact us online to schedule a consultation!

Bilu Law

Why Choose Bilu Law?

  • Decades of Proficiency
    With two decades of dedicated service, we've assisted countless clients with their legal needs, covering 67 counties in Florida.
  • Swift and Accessible
    Offering seasoned legal guidance, our attorneys respond promptly and are easily accessible when you require their expertise.
  • Hablamos Español
    Our proficient team, including Spanish speakers, ensures that you fully comprehend the intricacies of your case.
  • Global Legal Expertise
    We are proud members of an international law firm network, enabling us to provide assistance to clients nationally and worldwide.

Filing for Chapter 7 as a Business

Just like for a personal bankruptcy, Chapter 7 corporate bankruptcy is a liquidation process. A private trustee is appointed to gather a debtor’s non-exempt assets and sell them to repay creditors a portion of what is owed. However, the assets in this case are those involved with the business.

The debtor, which is the business filing for bankruptcy, will turn over all operations and assets of the business to the appointed trustee immediately upon filing. The private trustee will gather the assets for sale to pay the creditors. The trustee will bring whatever actions are necessary to recover assets of the debtor.

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  • Will the “Cares Act” Help Me and My Business?
Our Testimonials

Hear From Our Happy Clients

  • ""His dedication to getting his clients the best outcome is relentless.""
    "I am so honored to leave Ron and his team this great review. I called all over Florida to find a lawyer that would help me with my real estate property issue and no one would even listen to me they just told me, we can not help you. When I first called Bilu Law, I felt they cared about their clients. Johanna scheduled a meeting with Ron right away, and when I spoke to Ron, he was the best because he took the time to listen to my situation and asked all the right questions. The best question he asked was what would I consider a good outcome and after telling him, he made that his North Star. After a few more meetings to understand my situation better, he told me how much it would cost me to have him try to resolve this issue with the best outcome and it was very reasonable. Among his profession, I would consider Ron to be among the best. His dedication to getting his clients the best outcome is relentless. I will refer him to all my friends and family and consider him a dear friend."
    - Carlos
  • ""Ron Bilu and his associates were willing to fight for me when other firms all wanted to throw in the towel.""
    "Ron Bilu and his associates were willing to fight for me when other firms all wanted to throw in the towel. Ron’s professionalism and dedication ended with the best outcome I could ask for. I highly recommend Ron and his firm, especially Attorney Andrea Valencia who went above and beyond for me, a true asset to the firm. Many thanks to all."
    - Emporio
  • ""I highly recommend this office to deliver and satisfactorily settle your legal matters.""
    "Bilu Law firm has advised and completed the paperwork on creating a Trust and I am satisfied with how thorough and professional Andrea and Annabella were in executing the task. Today, I'd like to thank the team of Nicholas and Andrea for accepting another case and delivering as promised, in a relatively short period of time and again, a satisfactory outcome. I want to especially thank Andrea for the knowledgeable and professional representation she exhibited as she guided me through the process. In addition, I express my appreciation for other members of your staff. ALL calls were passed on and one could consistently expect a quick response. There is a warmth from the front door, by staff to the discussion of business at hand. Wait time was never more than 3-5 minutes at each office visit. The advent of Covid- 19 and the societal interruptions it created, did nothing to deter the level of service offered by this firm. I highly recommend this office to deliver and satisfactorily settle your legal matters."
    - Aldith
  • ""Choosing this law firm was the best decision I have ever made.""
    "I had the pleasure of working with Ron Bilu and his assistant Andrea. Choosing this law firm was the best decision I have ever made. Both Ron and Andrea were with me every step of the way and were very kind, helpful, and knowledgeable. In the end i was very pleased with the results and would recommend his services to anyone in need of a great real estate attorney. Thankyou so much Ron!"
    - Doris
  • ""They are professional, aggressive and the keep us informed of progress of our cases.""
    "Our firm has engaged Ron Bilu and Nick Rossoletti and their amazing team of effective legal professionals for a variety of litigation matters and they are professional, aggressive and the keep us informed of progress of our cases. Their experience and knowledge of the law combined with a results oriented approach has helped our bottom line."
    - Jeffrey
  • ""ABSOLUTELY AMAZINGGGGGG!!!!!!!!!""
    "ABSOLUTELY AMAZINGGGGGG!!!!!!!!! Ron Bilu and Andrea Valencia helped me beyond what I expected! They listen carefully to you and will fight for you till the wheels fall off! My outcome was beyond what I had imagined and it is all thanks to them backing me up and doing what they do best! I cannot express into words how much I strongly recommend this law firm to anyone who is facing the issues I had! Like I said, absolutely amazinggggg at what they do!!!!!"
    - Marlin

Should I File for Chapter 7 Corporate Bankruptcy?

Not every corporation is a fit for Chapter 7. In a Chapter7 filing, the corporation will cease all operations, with the exception of those actions necessary for the private trustee to gather the assets for distribution to creditors. If you wish to continue operation your business, other forms of business bankruptcy may be preferable, such as a corporate Chapter 11.

As with all bankruptcies, it is the best practice to speak to an experienced bankruptcy practitioner about filing a Chapter 7 prior to moving forward. The professionals at Bilu Law are here to guide you through this process to help your business get the fresh start that you deserve.

Call Bilu Law today at (954) 239-7386 or contact us online to schedule a consultation!

Bilu Law

Contact Bilu Law Today!

Want to discuss your legal concerns? Contact us, and let's see how we can help.

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