Durham Bankruptcy Lawyer Helping Small Businesses Navigate Chapter 13
Last updated on May 29, 2025
If you are a small business owner struggling with debt, Chapter 13 bankruptcy may offer a path forward—one that helps you reorganize what you owe without shutting down your business. When overwhelming debt threatens everything you have built, you need clear direction from a knowledgeable Durham bankruptcy lawyer to show you the way forward.
Wootton & Wootton helps business owners in North Carolina get the relief they need while protecting what matters most. We do not push people into bankruptcy; we carefully evaluate every situation and explain all your options. You will get honest, experienced guidance from attorneys who care.
Which Types Of Small Businesses Are Eligible To File For Chapter 13 Bankruptcy In North Carolina?
Chapter 13 is designed for individuals, not companies. But if you are a sole proprietorship filing for bankruptcy, your business finances are considered part of your personal financial picture. This means Chapter 13 can help you restructure both business and personal debt in one filing.
If you own an LLC or corporation and have personally guaranteed business debt, you may still qualify for Chapter 13 individually.
How Does The Process Of Filing For Chapter 13 Bankruptcy As A Small Business Work?
The bankruptcy filing process starts with a full review of your income, assets and debts – both business and personal. From there, we help you develop a realistic repayment plan to propose to the court.
Once filed, Chapter 13 stops wage garnishments, foreclosure, repossession and harassing creditor calls. Our dedicated Durham Chapter 13 bankruptcy attorney will help you:
- Prepare your paperwork
- File your petition
- Represent you in hearings
- Keep your repayment plan on track
This process helps you keep your business running while gaining control of your finances.
Talk To Our North Carolina Bankruptcy Lawyer
Whether you are in Durham, Henderson, or anywhere in North Carolina, Wootton & Wootton stands ready to help. Our local team offers free consultations, including convenient Zoom appointments. Dial 800-836-7977 or fill out the online form and let our compassionate North Carolina bankruptcy lawyer help you regain your footing and protect your future.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.