Don't Wait for Your Creditors to Take Action.
Reorganize Your Business, Return to Stability, and Thrive.
Unsure If Reorganizing Is Right for Your Business? Get Clear Answers —
Steven E. Cowen, Esq.
619.202.7511
Cowen.steve@secowenlaw.com
Our Service
We restructure business debt under the Small Business Reorganization Act (Chapter 11, Subchapter V) to help keep businesses running and drive greater profitability. We work with business owners who are struggling with debt or aiming to increase profitability.
Stay Open
Continue operating your business throughout the entire reorganization — no forced closure.
Legal Protection
Court supervision stops creditor actions, MCA withdrawals, and lawsuits the moment you file.
Reduce Your Debt
Eliminate MCA loans, SBA debt, unsecured debt, and personal guarantees — often significantly.
Experience Matters
We are Debt Solution Law Group, a law firm dedicated exclusively to business debt reorganization.
With 195 reviews and a 4.9 out of 5 rating on Google, our reputation speaks for itself. We fight tirelessly for our clients.
We serve clients throughout California
What Makes Our Service Different From Business Debt Negotiation / Settlement?
Business Reorganization
- Court-approved plan that fixes exactly what you pay
- Current owners stay in control of the business
- Legal protection throughout the entire process
- Payment plan is forced on creditors — they cannot reject it
- Creditors' ability to object is very limited under Chapter 11 Subchapter V
Debt Settlement / Consolidation
- No guarantee of any outcome
- Business remains vulnerable to creditor actions
- Creditors can and often do reject settlement offers
- No court supervision or legal protection
- Leaves the business exposed throughout the process
Assurance, clarity, and predictability are what set business reorganization apart from settlement and consolidation.
Free Consultations — Schedule Yours Today
We offer free consultations with an experienced attorney. Please call (619) 202-7511, Ext. 1 or fill out the contact form.
A friendly and knowledgeable member of our team will reach out to you.
What Is the Small Business Reorganization Act (SBRA)?
The SBRA combines elements of debt settlement and consolidation while providing the protections of court supervision throughout the duration of the case.
Specific Examples of How the SBRA Can Help Your Business
- Reducing or wiping out MCA loans
- Reducing or wiping out SBA loans
- Stopping active lawsuits immediately
- Reducing or wiping out unsecured debt
- Repaying only what your equipment is worth
- Maintaining key vendor relationships
- Rejecting unprofitable contracts and leases
- Owner continues receiving pay throughout
Can You, as the Business Owner, Receive Pay During Reorganization?
Absolutely.
In fact, it is required that the owner gets paid during the reorganization. If you have not been paying yourself, you can begin. If your pay was decreased, it can be increased.
Is Your Business Well-Positioned For a Successful Reorganization?
- Your business has less than $3,424,000 in aggregate noncontingent, liquidated secured and unsecured debts (excluding affiliates/insiders)
- Your business produces enough monthly income to pay its core (non debt repayment) expenses
- Your business financials are up to date with accurate profit/loss statements and a balance sheet
- Your business income tax return filings are up to date
Our Process
Step 1: Free Consultation
We determine what's possible: can your business reorganize successfully? What do post-reorganization financials look like? Free, via Zoom. Requires up-to-date P&L and balance sheets.
Step 2: Initial Analysis
A comprehensive evaluation with exact numbers — how much debt eliminated, what secured creditors receive, and what monthly income is needed to fund the reorganization.
Step 3: Filing
We file your case. Legal protections take effect, creditors are notified, and the daily withdrawals must stop.
Trusted by Business Owners
Across California
Don't Wait Until Your Creditors Take Action.
Successful business reorganizations are the product of decisive and timely action by the business owner. How quickly you react matters.
Meet Our Lead Attorney
With over 34 years of experience and a track record of successfully handling thousands of bankruptcy cases, Steven Cowen and his team possess the expertise needed to guide your business to profitability.
As the lead attorney at Debt Solution Law Group, Steven Cowen has made a name for himself in the world of business reorganization, business restructuring and business debt elimination. He is one of the few true experts on the Small Business Reorganization Act and its business saving properties. Attorney Cowen has observed the damage done to businesses by the pandemic and has made himself available to all California business owners and operators who are looking to save their businesses and/or increase the profits they take home each month.
Steven E. Cowen , Esq.
-Service Area-
We Serve Business Owners Statewide in California
Wherever you’re running your business in California, we’ve got your back. Our team is here to make legal support straightforward and accessible. If you’re facing debt challenges or considering restructuring, count on us to be your practical partners. Your success is our priority, no matter where you are in the Golden State – because every business deserves a clear path to thrive.
Personal guarantees can be eliminated.
The repayment of almost all business debt is personally guaranteed by one or more of the business’ owners. Wiping out business debt will not mean much if the creditor can get paid from the wages or property of the personal guarantor. The key is knowing how to use recent changes to California law to “take the bite out of” the personal guarantees.
The key is the Small Business Reorganization Act (the "SBRA").
For many California businesses, post-pandemic income is down, sometimes way down, and business debt is higher because of the loans needed to stay afloat. If reducing or eliminating business debt can make you profitable again, we need to talk. The Small Business Reorganization Act can end the downward spiral –purchase contracts written down to the value of the equipment purchased. Wipe out credit card and other unsecured debt. Reject unproductive leases. Pay back taxes over time.
Payment plans available.
To avoid the financial ruin that personal guarantees or a failed business can cause is surprisingly affordable. The down payment is negotiable. The balance of the fees and costs are paid, typically, over 12 to 36 months. The attorney’s fees and costs are always a fraction of the money saved. The issue really boils down to whether the personal guarantees can be wiped out, the business saved, or both. Call now or use our convenient contact form and a knowledgeable member of our team will get right back to you.
Put an End to "Doom Scrolling"
According to Google Trends, Interest in Debt Restructuring and Bankruptcy Peaks at 3:40 AM Daily
Late-night anxieties about debt haunt many business owners. The data shows that sleepless nights are often spent grappling with the financial strain that debt brings. Our service offers practical relief, guiding businesses through restructuring with a straightforward approach. We provide solutions to ease the burden, helping you regain control of your financial future. Our goal is to turn those restless nights into a confident path forward, ensuring that your business not only survives but thrives.
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Do You Have More Questions?
Our frequently asked questions page contains more information.
A link to our frequently asked questions page is below.