"Bankruptcy is Not the End, But a Fresh Start."

Bankruptcy Chapter 7 and Chapter 11 are powerful tools for individuals and businesses facing financial distress. At Financial Revive, we provide expert guidance and support through these complex processes, helping clients navigate their way to financial recovery and stability.

Chapter 7 bankruptcy, often referred to as "liquidation bankruptcy," involves the sale of a debtor's non-exempt assets by a trustee. The proceeds are then used to pay off creditors. This process is typically suited for individuals and businesses that do not have the potential to continue operations and need to eliminate overwhelming debt.

• Eligibility: Individuals and businesses must pass the means test, which assesses their income against expenses to determine if they qualify for Chapter 7.
• Process: Our team will help you prepare and file the necessary paperwork, attend creditor meetings, and manage asset liquidation.
• Outcome: At the end of the process, most remaining debts are discharged, providing a fresh start.

Chapter 11 bankruptcy, known as "reorganization bankruptcy," allows businesses and individuals to restructure their debts and continue operations. This process is designed for those who have the potential to return to profitability with the right financial strategy.

• Eligibility: Suitable for individuals and businesses facing significant debt but having viable operations or income potential.
• Process: We assist in developing a reorganization plan, negotiating with creditors, and managing court proceedings.
• Outcome: The business or individual continues operations while repaying creditors under the terms of the reorganization plan, often allowing for debt reduction and more favorable repayment terms.

• Expertise: Our experienced team understands the intricacies of bankruptcy laws and will guide you through every step.
• Personalized Support: We provide tailored advice and strategies based on your unique financial situation.
• Comprehensive Services: From initial consultation to court filings and negotiations, we handle all aspects of the bankruptcy process.
• Positive Outcomes: Our goal is to help you emerge stronger and more financially stable. 

If you or your business is struggling with debt and financial challenges, contact Financial Revive today. Our free consultation will help you explore your options and determine the best path forward. Let us help you restructure and revive your financial future for a brighter tomorrow.