Insolvency
Insolvency has two definitions. A company or individual is said to be bankrupt if they: Do not have enough assets to cover their debts or if they are unable to pay their debts when they become due. Once a company becomes insolvent, there are several courses of action available, but they are different for individual companies. UMLAUF & Associates, PLLC, CPA’s deals exclusively in corporate bankruptcy and insolvency matters. With a complete range of services, we aim to insure that our cost reflects the value of the work we are doing for a client. All bankruptcy work requires fee approval from the bankruptcy court.
If you would like a list of bankruptcy appointments and cases, please email, telephone, fax or write us.