Commercial Bankruptcy Mediation

Commercial bankruptcy mediation is a process where business owners, creditors, and other stakeholders work with a neutral mediator to negotiate and resolve financial disputes outside of court. It aims to find mutually acceptable solutions to pay debts, restructure obligations, or sell assets, helping the business avoid full bankruptcy or make the process smoother. This approach can save time, reduce legal costs, and preserve relationships, providing a collaborative way to handle financial difficulties without extensive litigation.