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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