On a recent “Common Ground” radio program, Santa Clarita bankruptcy attorney Lou Esbin recommended that businesses and individuals “get out ahead” of the process if considering bankruptcy as one option in the wake of coronavirus-related financial turmoil.
The Santa Clarita bankruptcy attorney said that those considering bankruptcy might want to “begin thinking through and getting information, for example, through my office, on what their options are going forward.”
Esbin noted that, even after taking advantage of provisions in the CARES Act and “Paycheck Protection Program” (PPP) loans, some business owners are considering bankruptcy as one option. For those in this situation, Esbin recommended not to “wait to the end,” and instead to pre-file to find out what their wider range of options are.
By pre-filing, Esbin said those considering bankruptcy can “find out ahead of time” what the process could involve for their unique situation. Business owners and individuals looking to pre-file can contact the Law offices of Louis J. Esbin, who can help determine if bankruptcy is the best available option.
Pre-filing sessions allow bankruptcy attorneys to go through expenses, active debts and income in order to see if bankruptcy can be avoided by way of less extreme measures.
Because pre-filing sessions are required by law as part of the bankruptcy process, business owners and individuals who finish their pre-filing sessions will already have finished much of the required paperwork to begin bankruptcy proceedings, should they decide filing is the right step for them.
Esbin has represented a wide variety of individual and corporate clients, providing legal services in areas including bankruptcy law, transactional law, formation law, commercial law and merger & acquisition law to clients from all over the valley. Because of his extensive history guiding clients to positive legal outcomes, his personal motto is “When experience counts, count on experience.”
In addition to his legal work, Esbin has supported the Santa Clarita community as a founding member of the Santa Clarita Valley Bar Association, a founding member and past president of the Central District Consumer Bankruptcy Attorneys Association and as a founder of the West Ranch Lacrosse Foundation which brought CIF Lacrosse to the Hart High School District. Additionally, he is a former president of the Rotary Club of Santa Clarita Valley since 1993.
For more information about the legal services Esbin provides, as well as coronavirus-related tips and information, visit the Law Offices of Louis J. Esbin website or call the Santa Clarita attorney at (661) 254-5050.
Louis Esbin of the Law Offices of Louis J. Esbin is an attorney in Santa Clarita and Canyon Country, Valencia, Saugus, Stevenson Ranch, Newhall and Castaic neighborhoods who specializes in bankruptcy law, business law and consumer protection. The motto of his firm is, “When experience counts, count on experience,” and Esbin has been practicing law locally since 1993. His experience in Los Angeles, San Francisco and New York also enables him to pledge to provide his clients with high quality, big-city legal services as a Santa Clarita attorney. In addition, the bankruptcy attorney in Santa Clarita is founding treasurer of the Santa Clarita Valley Bar Association, a founding member of the Central District Consumer Bankruptcy Attorneys Association and a member of the Financial Lawyers Conference and California Bankruptcy Forum. Those searching for the best attorney in Santa Clarita or an “attorney near me,” can contact the Law Offices of Louis J. Esbin today for more information.
27451 Tourney Road, Suite 120
Valencia, CA 91355-6304