Nahrgang & Associates

Let Nahrgang & Associates, P.C. lend you a hand with your case.

Contact Us

Firm Overview

Welcome to our firm!

Main Office


35 Evansburg Road
Collegeville  PA  19426

Phone
  • 610-489-3041
Bankruptcy
Business Owner Responsibility in Bankruptcy
Operating a business requires a huge commitment of time and resources on the part of the owners. There are frequently significant start up costs and the ongoing costs associated with running the business. If there is ever a time where demand for your product or service starts to decline and your income no longer covers business-related expenses, it is important to understand your rights and responsibilities.

If the business is a corporation, the business itself is considered the debtor and the owners or shareholders are generally not held personally liable for the debts. However, owners are frequently required to sign personal guarantees for the corporate debt making them personally liable. If the business is a sole proprietorship or a partnership, owners themselves are the debtors and are held liable for the debts of the business.

Understanding Your Options
For many companies, Chapter 11 business bankruptcy gives the business time to reorganize their debt and devise a plan for the future of the company after bankruptcy. For others, especially sole proprietorships, personal bankruptcy may be a more appropriate course of action. An experienced bankruptcy attorney can help you to understand your options and give you all the information you need to make a sound decision.

At the Collegeville, Pennsylvania, law firm of Nahrgang & Associates, P.C., we have worked with many businesses that needed help getting relief from an excessive debt load. We offer complete Chapter 7, Chapter 13 and Chapter 11 bankruptcy services as well as bankruptcy alternatives. We will work with you to fully understand your situation and your goals in order to build a customized debt relief solution specific to your needs.

Call for a Free Initial Consultation
Contact our office today to discuss your bankruptcy questions with a lawyer. You can reach us by phone at 888-773-6714 or via e-mail. We respond promptly to all phone calls and emails, usually within 24 hours.

Matthew Nahrgang

Areas Of Practice:


Areas Of Practice:

Bankruptcy Law
Business & Commercial Law
Business Organizations
Consumer Protection
Contracts
Debtor/Creditor
Foreclosure
Landlord Tenant
Personal Injury
Divorce
Family Law
Custody & Visitation
Medical Malpractice
Bar Admissions:
Pennsylvania, 1990
U.S. District Court Eastern District of Pennsylvania, 1991
Education:
Temple University School of Law, Philadelphia, Pennsylvania, 1990
J.D.
LaSalle University, Philadelphia, PA, USA, 1985
B.A.
Professional Associations and Memberships:
Pennsylvania Bar Association
Member
 
Montgomery County Bar Association
Member
 
Montgomery County Bar Association
Member, Bankruptcy/Creditors and Debtors Rights Committee
 
Montgomery County Bar Association
Member, Rules of Civil Court Committee
 
Montgomery County Bar Association
Former Member, Family Law Committee
 
Montgomery County Bar Association
Former Member, Business Banking and Corporate Counsel Committee
 
Montgomery County Arbritation Panel
Former Member
Past Employment Positions:
Main Line Mortgage Corporation, In House Counsel
 
American Credit Counseling Institute, Inc., In House Counsel
 
Koresko & Noonan, PC, Associate
 
Hyatt Legal Services, Associate
Birth Information:
1963, Indianapolis, Indiana, United States of America
License
  • Bar Number: Practice of Law
    Pennsylvania , 1990

Articles Written

When Should You Call a Lawyer?

Created On: 07/01/2010

In this world of do it yourself fixes and the wealth of information available through the internet, people have a tendency to spend untold hours attempting to solve their problems without calling...

Bankruptcy is not a Stigma nor a Question of Morality

Created On: 07/17/2009

Nearly every time I conduct an initial consultation, the client asks if they are a bad person for considering a bankruptcy.  The answer of course is a resounding, "no"!  They...

LA-NOLO4:LEADS1.0.0.4.20150326.31341