When Financial Crisis Strikes You or Your Business, Cut Your Losses, Maximize Your Opportunities

SHAPE YOUR FUTURE

When your business faces uncooperative creditors or a potential large judgment or other difficulties resulting from litigation, or when you have unpaid taxes or are otherwise overburdened with debt, it's hard to see beyond the pain. Weintraub & Selth, APC is passionately committed to understanding the specifics of your problem and helping you achieve the best possible outcome - one that maximizes your future opportunities for success. Our attorneys are recognized as leaders in their field. They have the same level of experience, sophistication and thoroughness as attorneys in major law firms. Our rates however, are substantially lower than such firms and your work will not be performed by less experienced associates.

We represent clients in the areas of business bankruptcy and financial reorganization, debt negotiation, consumer bankruptcy, bankruptcy litigation and asset protection planning. Back to top

 

ACHIEVE THE BEST POSSIBLE OUTCOME

We have substantial experience in both business and consumer bankruptcy matters. Many firms limit their practice to a given type of bankruptcy; the professionals of Weintraub & Selth, APC have expertise in Chapters 7, 11 and 13.

Our Chapter 11 clients include manufacturers, distributors, wholesalers and service providers in numerous industries; clothing and furniture retailers; real estate syndicates and individuals who wish to protect their assets from creditors.

Our Chapter 7 and 13 practice seeks to enable individuals to move forward with their lives without the loss of personal assets and to allow owners of failed businesses to close down their operations quickly and efficiently. Weintraub & Selth, APC is committed to delivering aggressive and creative solutions to clients at affordable fees. We always strive to achieve our clients' goals and exceed their expectations. Back to top

 

IT'S EASY TO WORK WITH US

When you face financial adversity, the last thing you need is additional grief. Weintraub & Selth, APC values your time and enables you to use it efficiently. We want you to have a positive and satisfying experience as well as the best possible outcome. We deliver

  • Availability - we take your calls
  • Responsiveness - we return your calls
  • Knowledge - we answer your questions
  • Integrity - we do what we say

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AFFORDABLE FEE PLANS

At the request of many of our clients, we have developed an innovative fee structure that allows us to bundle legal services for a flat or monthly fee. We have also developed a courtapproved method that allows clients to pay a Chapter 11 retainer over time. This enables our clients to cap their costs for legal services or plan their monthly expense for attorneys'fees. Back to top

 

WE HELP YOU

  • Improve business profitability
  • Improve balance sheet by eliminating debt
  • Stop collection actions and judgments
  • Save businesses and homes
  • Eliminate or restructure taxes
  • Protect assets
  • Negotiate payment terms for corporate and personal debt
  • Stop creditor calls, foreclosures, evictions, attachments, garnishments and lawsuits

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HOW WE HAVE HELPED OUR CLIENTS

Health Care Provider Stays in Business after Other Law Firms Said No Chance

A health care provider lost significant income as a result of managed care. The company was behind on its payables and owed more money to its bank that its assets were worth. Through expert testimony we established a low liquidation value for the assets and stripped the bank's lien in excess of the asset valuation, making the bank a largely unsecured creditor that was paid, along with all other creditors, 10 cents on the dollar over several years. Had the company liquidated, these creditors would have received nothing. Three other bankruptcy firms turned this case down and advised the client there was no chance of success. Back to top

Individual Gets More Time to Pay Taxes and a Lower Interest Rate

A wealthy individual owed approximately $400,000 in past-due taxes. The IRS wished to levy on the client's retirement plan (giving rise to further taxes) and would allow only one year outside of bankruptcy for repayment. Through bankruptcy, we obtained a repayment plan of six years at 6% interest with no penalties, compared to the effective rate outside of bankruptcy (interest and penalties) of 18%. Back to top

Roofing Supply Company to Stay Open, Pay Zero Taxes for Several Years

An extremely profitable roofing supply company lost in litigation and was hit with a large judgment. The creditor was about to close down the company. The successful Chapter 11 case we led provides 30% on the dollar to creditors (including the judgment holder) over four years, equaling a write-off of 70% of debt. Our careful bankruptcy planning will also allow the company to use its Net Operating Loss to owe no income tax for 2-3 years. Back to top

Home Saved from Foreclosure

Families sometimes face hard economic times. Our client had lost his job and had difficulty finding a comparable job. He had fallen behind on his home mortgage, accumulated significant credit card debt, and faced the loss of his home through foreclosure. Through a Chapter 13 filing, the client was able to eliminate nearly all of his credit card debt and catch up on his mortgage payments - saving his home. Back to top

 

ADDITIONAL SERVICES

In addition to working with businesses and individuals on bankruptcy and financial reorganization, Weintraub & Selth, APC offers legal expertise in these areas:

  • Asset purchases in bankruptcy
  • Collection
  • Creditor and landlord rights
  • Bankruptcy litigation

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Contact Info:
Weintraub & Selth
12424 Wilshire Blvd #1120
Los Angeles, CA 90025

Ph: 866-435-1605
Fx: 310-442-0660