Insolvency and bankruptcy litigation
Sometimes Insolvency and Bankruptcy Litigation is something you will need and you do not see coming. That is the nature of these things. Nobody opens a business or takes on tasks expecting to go bankrupt in the end. Unfortunately, it is a reality, and it is a pretty common one.
Before you declare bankruptcy, you can also declare insolvency. Insolvency is a state of financial distress. If you or your business are unable to pay your bills, it could mean you need to speak with an insolvency lawyer. Our team here at Benson Law LLP can help you try to sort out your situation before you need to declare bankruptcy, should it come to that. The step before bankruptcy is insolvency. We will do our best to help you get your affairs in line with some of the best legal advice available in Kelowna, the Okanagan, or the whole province of British Columbia. Often, insolvency can lead to legal action being taken against you. To pay off outstanding debts, your assets may be liquidated. We will work tirelessly to ensure you understand the nature of this proceeding and what courses of action are available to you.
Debt settlement is a tricky world to navigate. You will need a trusted lawyer to advise you on how to best approach your situation to minimize conflict now and down the road. If insolvency turns to bankruptcy, our lawyers will make sure you have the legal advice you need, as well as the representation you need to make this unfortunate situation a little easier on you.
The Benson Law Team
If you or someone you know is facing bankruptcy of insolvency problems, you can contact us today to speak with one of our legal representatives about what kind of options you have. Our combined experience in the legal field will ensure you get the best legal advice in the province. We do not use answering machines or automated messages so if you call during office hours you will always speak with somebody. Give our office a call today and we can discuss your insolvency and bankruptcy issues as soon as possible.