When most people think of bankruptcy, they imagine individual consumers who have amassed thousands of dollars in credit card debt, mortgages, and other personal loans. But corporations can also reach a point where they are unable to pay off debt, requiring the need to file for corporate bankruptcy. Corporate bankruptcy is a legal status that provides protection from your creditors and creates a plan to liquidate assets to help pay back the debt you owe. Business bankruptcies are much more complicated than consumer bankruptcies, and as such, require the specialized skills and knowledge of an experienced legal team. J. Bottom & Associates Ltd. has experience dealing with the bankruptcies of incorporated businesses, which are also different than those of small business partnerships or sole proprietorships. With this experience and knowledge of the process, we’re able to walk you through the steps of bankruptcy and get you the best outcome possible.