At Dal Lago Law, we understand that our business law clients need more than just a legal service provider: they need trusted advisors and counselors with forward-thinking and creative solutions. This is precisely what Dal Lago Law can offer you and your company.
Dal Lago Law, based in Naples, Florida, is not only proficient at representing Debtor’s in Chapter 11 and Chapter 7 bankruptcy cases, but we also represent both secured and unsecured creditors in situations when they are thrust into a debtor’s reorganization or workout.
Dal Lago Law’s mission is to guide its clients toward financial health and prosperity. Although bankruptcies are a core practice of Dal Lago Law, our motive is to keep clients out of the bankruptcy arena. With that in mind, we encourage companies to seek counsel from an expert Chapter 11 practitioner the moment they start experiencing financial distress, rather than waiting until a bankruptcy filing is inevitable.
The “Small Business Reorganization Act” (SBRA) recently went into effect to eliminate many procedural hurdles small businesses otherwise needed to clear in typical Chapter 11 bankruptcy cases. This new act created the “Subchapter V” to simplify the Chapter 11 bankruptcy process for most small business debtors, by reducing the cost and expense of small business bankruptcy reorganizations and increasing accessibility to small business owners throughout Southwest Florida.
Small businesses with less than $2,725,625.00 in debt are generally eligible for relief under Subchapter V.