Is it true that I can’t file Chapter 7 for a business without an attorney?
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Is it true that I can’t file Chapter 7 for a business without an attorney?
What if I cannot afford an attorney?
Asked on January 5, 2011 under Bankruptcy Law, California
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
The best way to find out if this is true is to call or go down to the bankruptcy court to ask. But I do not believe that there is any such limitation for a business. In other words, I think that you can file a Chapter 7 for your business. You do realize that as soon as you file you need to stop operating your business? It is rare that a trustee in bankruptcy will permit you to continue to run your business. Therefore, you may want to consult with an attorney about your options as a business, such as reorganization, etc. Also, corporations can not, I believe, discharge certain debt. So you should really at least consult with someone on the matter. Good luck.
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