Call for a Free Consultation 281.954.3161
Helping Our Clients Overcome Debt Since 1983 Board Certified Bankruptcy Attorney with Your Best Interests in Mind

Galveston County Small Business Bankruptcy Lawyer

Helping Small Businesses Navigate Their Bankruptcy Cases

Every small business owner expects a few years of financial turbulence before achieving stability and profitability. But what if you have endured many years of struggle without an end in sight? Alternatively, what if your family business is now struggling to stay afloat for the first time in decades?

Debt can accumulate quickly, and you may find yourself cutting expenses and making painful sacrifices. Fortunately, small businesses have several options, including a relatively new debt-relief option, at their disposal.

John E. Smith is the one to consult on your options. Since 1983, he has helped thousands of small businesses with their debt problems. He has spoken at numerous local, state, and national seminars regarding helping small businesses in bankruptcy.

To learn more, give our law office a call at (281) 954-3161 or send us an online message. We can answer all your questions during a complimentary case evaluation.

Subchapter V of Chapter 11 Bankruptcy

Resulting from the Small Business Reorganization Act of 2019, Subchapter V is a streamlined, cost-effective form of bankruptcy reorganization. This powerful option under Chapter 11 is only available to qualifying small businesses.

With support from our firm, you may be able to use Subchapter V to eliminate a substantial portion of your commercial debts. You can achieve financial relief without going out of business.

Reorganization Options for Sole Proprietors

If you are a sole proprietor, you may have an additional reorganization option through Chapter 13. This bankruptcy option is only available to individual debtors. Oftentimes, owners of small wholly -owned corporations can seek protection from guaranteed debt through filing for Chapter 13.

Chapter 13 bankruptcy is very similar to Subchapter V as a debt relief option. When you file for bankruptcy, you will make regular payments for 3-5 years before receiving a court-ordered debt discharge.

Repayment Plans for Qualifying Family Farmers and Fishermen

Qualifying family farmers and fishermen may benefit from a similar repayment plan and debt discharge under Chapter 12 bankruptcy. These cases are usually rare, but Mr. Smith has filed over 30 Chapter 12 cases in the Southern District of Texas.

Let’s Return Your Business to Profitability

Attorney John E. Smith has more than 38 years of legal experience. He is fully prepared to use this experience to help your business achieve financial freedom. These matters, however, are time-sensitive. You will have more options at your disposal if you seek counsel and representation sooner rather than later.

When you bring your case to our firm, our attorney can conduct a close analysis of your legal and financial circumstances. We can then develop a personalized plan for your struggling business.

You do not need to wait to pursue relief from unmanageable debt. Call (281) 954-3161 or contact us online to begin your small business bankruptcy process in Galveston County. Our firm also serves clients in Friendswood, Houston, and Pearland.

Why John Smith Is the Right Attorney

To Handle Your Bankruptcy Matters
  • Free & Confidential

    Case Evaluations

  • Voted "Top Lawyer"

    by Houston Magazine

  • Over 35 Years of

    Legal Experience

  • When You Hire John,

    You Get Him.