Kostiv Cardinal – Best Business Bankruptcy Lawyers in Los Angeles
Kostiv Cardinal – Best Business Bankruptcy Lawyers in Los Angeles
At Kostiv Cardinal, we specialize in Chapter 11 bankruptcy, which is primarily used by businesses to restructure their debts while continuing operations. Chapter 11 allows companies to renegotiate their financial obligations, implement a repayment plan, and work towards regaining profitability. Our experienced legal team is committed to helping businesses overcome financial challenges, ensuring that they can stay operational while creating a path to long-term stability.
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Areas of Business Bankruptcy Law Practiced in Los Angeles
Chapter 11 bankruptcy allows businesses to restructure their debts while keeping the company running. This process gives businesses the opportunity to renegotiate terms with creditors, sell assets if needed, and devise a workable plan to repay debts. At Kostiv Cardinal, we help businesses craft strategic reorganization plans that aim for long-term success while protecting key assets.
Our attorneys will work with your company to develop a customized repayment plan that fits your business’s financial situation. This plan helps reduce debt, reorganize payment terms, and keep your business operating during the process. Kostiv Cardinal ensures that your repayment plan is fair, manageable, and capable of meeting both your needs and the requirements of the court.
Negotiating with creditors is a key aspect of Chapter 11 bankruptcy. Our legal team at Kostiv Cardinal will manage these negotiations, aiming to reduce your business’s financial burdens while allowing it to remain operational. We act as your advocate, ensuring the best possible terms with creditors to support your company’s recovery.
What Makes Kostiv Cardinal the Best Business Bankruptcy Lawyers?
Chapter 11 bankruptcy is a complex process, but with Kostiv Cardinal, you’ll have a trusted partner by your side. Our extensive experience in handling business bankruptcy cases allows us to provide strategic advice and personalized legal support. Whether your business is facing financial distress due to market conditions, lawsuits, or other challenges, our attorneys work tirelessly to help you regain control and rebuild.
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See how Kostiv Cardinal is here to help you every step of the way.
Why Choose Kostiv Cardinal for Your Business Bankruptcy Case?
At Kostiv Cardinal, we approach every Chapter 11 bankruptcy case with deep legal expertise, tailored strategy, and a commitment to protecting your business’s future. We work closely with business owners to develop comprehensive reorganization plans that fit their financial circumstances. Our goal is to help you restructure your business in a way that leads to a sustainable, profitable future.
Experience and Expertise:
Our attorneys have successfully guided many businesses through the Chapter 11 bankruptcy process. We are experts in restructuring debt, negotiating with creditors, and representing companies in court to ensure their reorganization plans are approved and implemented effectively.
Personalized Attention:
At Kostiv Cardinal, we take the time to understand the unique challenges your business faces. We develop a strategy that addresses those challenges, ensuring a clear and manageable path forward. We’ll provide guidance at every stage of the bankruptcy process, keeping you informed and supported throughout.
Business Protection:
One of the key benefits of Chapter 11 bankruptcy is that it allows your business to continue operating while debts are reorganized. Kostiv Cardinal works diligently to protect your assets, employees, and business operations during the restructuring process, ensuring minimal disruption
Let Kostiv Cardinal Help You Reorganize and Rebuild
If your business is facing financial difficulty, Kostiv Cardinal is here to guide you through the Chapter 11 bankruptcy process. Our experienced attorneys will work with you to create a restructuring plan, protect your company’s assets, and help you secure long-term financial stability. Book your consultation today to learn more about how we can assist with your business bankruptcy case and guide you toward a brighter financial future.
Meet The Kostiv Cardinal Team Your Business Bankruptcy Lawyers
Meet Petro Kostiv
Petro Kostiv, founder of Kostiv Cardinal, is an accomplished attorney specializing in immigration and business law with extensive experience representing clients across the globe. Fluent in multiple languages and a licensed commercial pilot, Petro brings a unique, global perspective to his legal practice, delivering exceptional results for clients in immigration, aviation, and international business.
Meet Michael Quiroga
Michael Quiroga is a dedicated attorney at Kostiv Cardinal with over 15 years of legal experience, specializing in immigration law, including asylum cases, removal defense, and special immigrant juvenile status. His deep personal connection to immigration, combined with his professional expertise, drives his passionate advocacy for clients facing complex legal challenges.
Meet Cesar Coronel
Cesar Esteban Coronel is an accomplished immigration attorney with a law degree from Cuenca University in Ecuador and licensure in California. Specializing exclusively in immigration law, Cesar has provide personalized legal services to individuals navigating the complexities of the U.S. immigration system. Cesar is dedicated to offering clients a professional, compassionate approach to their legal needs.
Mayra Arroyo-Massa
With a strong background in immigration and labor law attorney Mayra Francoise Arroyo-Massa is committed to advocating for clients and guiding them through complex legal challenges. Fluent in both English and Spanish, Mayra brings expertise and a passion for making a positive impact in every case with dedication to providing justice with every case she handles.
Sophia Wright
Sophia Wright is a skilled attorney at Kostiv Cardinal, holding bar licenses in both China and the United States. With a Bachelor’s degree in Statistics from Chongqing Technology and Business University, Sophia built a distinguished career in China, specializing in business law, civil litigation, and contract law. Now practicing immigration law in the U.S.
Raul Mejia Santos
Raul Mejia Santos is a dedicated attorney with a deep understanding of the immigrant experience, drawing from his personal journey as an immigrant. He was the first in his family to attend college and has remained active in community organizations in both New York and Puerto Rico. Raul is also a published writer, contributing to legal and professional journals.
Our Commitment To You, Our Client
At Kostiv Cardinal, our team is more than just a group of skilled attorneys; we are dedicated advocates who are committed to delivering exceptional results for our clients. With deep expertise across multiple areas of law, we approach each case with the personalized attention it deserves, ensuring that our clients receive tailored solutions that meet their unique needs.
What Clients Are Saying
Our clients are our biggest advocates, read why!
Business Bankruptcy FAQ – Chapter 11 Bankruptcy
Chapter 11 bankruptcy allows businesses to reorganize their debts while continuing to operate. It provides the opportunity to restructure obligations, renegotiate with creditors, and develop a manageable repayment plan. Kostiv Cardinal will help you create and implement a plan tailored to your business’s financial needs.
Yes, Chapter 11 allows businesses to stay operational while debts are restructured. You can maintain normal business activities during the process, and Kostiv Cardinal will guide you through each step to ensure your company continues to function effectively.
Most business debts, including secured and unsecured loans, leases, vendor contracts, and more, can be restructured under Chapter 11. Kostiv Cardinal will review your financial obligations and ensure that all eligible debts are addressed in your reorganization plan.
The length of a Chapter 11 bankruptcy depends on the complexity of your business’s financial situation and the negotiations with creditors. While some cases may take a few months, others can extend over several years. Kostiv Cardinal will work to create an efficient and effective plan to minimize disruption to your business.
Once Chapter 11 is filed, an automatic stay goes into effect, halting all collection efforts from creditors, including lawsuits and foreclosure actions. Kostiv Cardinal will ensure that your business is protected from creditor harassment during this period.
Filing for Chapter 11 bankruptcy will impact your business’s credit score, and the bankruptcy will appear on your business’s credit report for several years. However, Kostiv Cardinal will help you navigate the financial rebuilding process after reorganization, positioning your business for future success.
If your business is unable to complete its reorganization plan, options such as modifying the plan or converting to Chapter 7 bankruptcy may be available. Kostiv Cardinal will work with you to explore the best alternatives and help you find a solution that keeps your business on track.
Yes, businesses may file for Chapter 11 more than once, but there are specific time limits and requirements. Kostiv Cardinal can assess your eligibility to file Chapter 11 again and guide your business through the process.
The amount of debt your business repays depends on your company’s financial health, revenue, and the total amount of debt. Kostiv Cardinal will work with you to develop a manageable repayment plan that considers your income and financial needs.
In Chapter 11, a trustee may be appointed to oversee the business’s reorganization, but in many cases, the business owner remains in control of day-to-day operations. Kostiv Cardinal will work with you to ensure that the trustee’s requirements are met and that your business is properly managed during reorganization.
Yes, certain types of business tax debts can be included in your Chapter 11 repayment plan. Kostiv Cardinal will review your tax obligations and help you include them in your restructuring plan if they qualify.
At Kostiv Cardinal, we provide comprehensive legal support throughout every stage of the Chapter 11 bankruptcy process. From developing a reorganization strategy to negotiating with creditors and protecting your business assets, our experienced attorneys are committed to helping your business recover and thrive.
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Kostiv Cardinal Los Angeles Location And Office Hours
ADDRESS:
3250 Wilshire Boulevard, Suite 2100 Los Angeles, CA 90010
OFFICE HOURS:
Monday – Friday 9:00am to 5:00pm
Saturday – 9:00am to 4:00pm
Sunday – 9:00am to 1:00pm
