Business Bankruptcy Client Victories
All too often, bankruptcy is associated with failure. In reality, bankruptcy can be a success story, and we know how to make that happen! Our experienced attorneys work hard to get results for clients, and below is just a sample of businesses we’ve helped to restructure or eliminate debt.
Schedule a ConsultationDebt Elimination Victories from The Lane Law Firm
Real-Life Examples Showing How Our Attorneys Help Businesses Achieve Victory Over Debt
No redactions. No anonymous testimonials. No "settlement agreements" from years ago. Just real-life results showing success over financial hardships. Each business victory and their results are verifiable via publicly available federal court records.
Since 2022, we helped Texas business owners eliminate $47,812,345 in debt and free themselves from 987 personal guarantees.
Clients have saved their business and obtained some of the following:
- 100% Elimination of SBA debt
- 100% Elimination of MCA debt
- 100% Release from Personal Guarantees
- 97% Reduction in Overall Debt
To see specific examples, click on the businesses listed below.
If your business is struggling with mounting debt, The Lane Law Firm is here to help.
48% of MCA Debt Eliminated for 7400 Hawk Road, LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| MCA 1 | $123,365.88 | $70,000 | 43.3% |
| MCA 2 | $108,218.75 | $55,000 | 49.2% |
| MCA 3 | $86,186.4 | $40,325 | 53.2% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL MCA DEBT | $317,771.03 | $165,325 | 48.0% |
$19,031.09 of MCA Debt Eliminated for E & E Construction
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| MCA | $99,031.09 | $80,000 | 19.2% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL MCA DEBT | $99,031.09 | $80,000 | 19.2% |
$43.5% Reduction in Weekly MCA Payments for DKH Professional Services
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| MCA | $1,000/week | $564.71/week | 43.5% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,000/week | $564.71/week | 43.5% |
53.9% Reduction in MCA Debt and Shift from Daily to Weekly Payments for DM Electrical and Construction, LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| MCA | $12,251.11/week | $5,650/week | 53.9% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL | $2,450.22/day | $5,650/week | 53.9% |
$980,419 of MCA Debt Eliminated for Carabobo Prosper Holdings LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $2,956,112 | $1,088,397 | 63.2% |
| SECURED | $1,433,074 | $433,074 | 0% |
| UNSECURED | $2,523,039 | $4,655,323 | 74.0% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA DEBT | $1,211,643 | $231,223 | 80.9% |
85.1% Reduction in Unsecured Debt for Stroumpos DDS
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $886,862 | $382,332 | 56.9% |
| SECURED | $765,285 | $364,197 | 52.4% |
| UNSECURED | $121,577 | $18,135 | 85.1% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SBA | $520,300 | $364,197 | 30% |
$474,294 in MCA Debt Eliminated for GFS Industries
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,553,148 | $1,078,854 | 30.5% |
| SECURED | $823,465 | $823,465 | 0% |
| UNSECURED | $729,682 | $255,388 | 65% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $729,6837 | $255,389 | 65% |
100% of Total Debt Eliminated for Impressions in Concrete
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $905,025 | $0 | 100.0% |
| SECURED | $176,033 | $0 | 100.0% |
| UNSECURED | $728,992 | $0 | 100.0% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL DEBT | $905,025 | $0 | 100.0% |
100% of Total Debt Eliminated for Demrossi Enterprises
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $116,602 | $0 | 100.0% |
| SECURED | $71,500 | $0 | 100.0% |
| UNSECURED | $45,102 | $0 | 100.0% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL DEBT | $116,602 | $0 | 100.0% |
97.7% of Unsecured Debt Eliminated for ICM Holdings
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,436,061 | $278,324 | 80.6% |
| SECURED | $1,260,042 | $249,524 | 80.2% |
| UNSECURED | $176,018 | $4,056 | 97.7% |
| UNDERSECURED | $0 | $24,744 | - |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| UNSECURED DEBT | $1,436,061 | $278,324 | 80.6% |
100% of MCA Debt Eliminated for Deyo Transportation
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $523,346 | $96,107 | 81.6% |
| SECURED | $149,459 | $83,307 | 44.3% |
| UNSECURED | $373,887 | $12,801 | 96.6% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $80,000 | $0 | 100% |
$386,783 of Unsecured Debt Eliminated for Century Air Solutions, LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,119,313 | $744,376 | 33.5% |
| SECURED | $535,530 | $547,376 | +2.2% |
| UNSECURED | $583,783 | $197,000 | 66.3% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| UNSECURED DEBT | $583,783 | $197,000 | 66.3% |
82.4% of Unsecured Debt Eliminated for Watauga Family Dentistry
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $785,790 | $181,389 | 76.9% |
| SECURED | $450,000 | $122,389 | 72.8% |
| UNSECURED | $335,790 | $59,000 | 82.4% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| UNSECURED DEBT | $335,790 | $59,000 | 82.4% |
83.3% of Total Debt Eliminated for Evosite
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,462,590 | $243,892 | 83.3% |
| SECURED | $318,695 | $243,892 | 23.5% |
| UNSECURED | $1,143,895 | $0 | 100.0% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL DEBT | $1,462,590 | $243,892 | 83.3% |
$304,537 of MCA Debt Eliminated for Cen Tex Superior Installation LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $478,571 | $93,053 | 80.6% |
| SECURED | $25,000 | $760 | 97.0% |
| UNSECURED | $453,571 | $92,293 | 79.7% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA DEBT | $336,754 | $32,217 | 90.4% |
$2,290,199 of Total Debt Eliminated for DFW Granite & Glass Installation
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $2,367,248 | $77,049 | 96.7% |
| SECURED | $2,178,094 | $35,000 | 98.4% |
| UNSECURED | $189,154 | $42,049 | 77.8% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SBA DEBT | $1,913,337 | $0 | 100.0% |
90.7% of Secured Debt Eliminated for Better Transport Services
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $389,218 | $100,907 | 74.1% |
| SECURED | $257,179 | $24,030 | 90.7% |
| UNSECURED | $132,039 | $76,877 | 41.8% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SECURED DEBT | $257,179 | $24,030 | 90.7% |
94.9% of MCA Debt Eliminated for Atlantic Worldwide Shipping
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $2,096,987 | $830,685 | 60.4% |
| SECURED | $865,611 | $572,750 | 28.8% |
| UNSECURED | $263,856 | $66,321 | 90% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $817,620 | $41,298 | 94.9% |
$852,883 of MCA Debt Eliminated for Top Sports Production LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $990,491 | $33,267 | 96.6% |
| SECURED | $124,836 | $26,504 | 78.8% |
| UNSECURED | $865,655 | $6,763 | 99.2% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA DEBT | $852,883 | $0 | 100.0% |
$519,235 of Total Debt Eliminated for GreenWorks Service Company Inc.
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $972,220 | $452,986 | 53.4% |
| SECURED | $901,025 | $393,143 | 56.4% |
| UNSECURED | $71,195 | $59,834 | 15.9% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| TOTAL DEBT | $972,220 | $452,986 | 53.4% |
100% of SBA Debt Elimination for Hamptons Dental
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,854,915 | $270,483 | 85.4% |
| SECURED | $1,636,415 | $213,871 | 86.4% |
| UNSECURED | $218,5000 | $56,612 | 74.1% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SBA | $350,000 | $0 | 100% |
| MCA | $150,000 | $2,014 | 98.7% |
56.5% of MCA Debt Eliminated for Triniti DME Solutions
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $1,257,210 | $639,365 | 49.1% |
| SECURED | $274,625 | $211,916 | 22.8% |
| UNSECURED | $982,585 | $427,449 | 56.5% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $982,585 | $427,449 | 56.5% |
100% of SBA Debt Eliminated for ClearedDirect, LLC
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $959,128 | $794,549 | 17.2% |
| SECURED | $400,000 | $292,394 | 26.9% |
| UNSECURED | $559,128 | $502,155 | 10.2% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SBA | $150,000 | $0 | 100% |
| MCA | $559,128 | $160,590 | 71.3% |
94.3% of SBA Debt Eliminated for Nexel Services
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $929,776 | $282,726 | 69.6% |
| SECURED | $500,000 | $28,597 | 94.3% |
| UNSECURED | $446,887 | $254,129 | 40.9% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| SBA | $500,000 | $28,597 | 94.3% |
| MCA | $260,622 | $51,440 | 80.3% |
$535,750 in MCA Debt Eliminated for Hi Tork Power
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $843,061 | $186,174 | 77.9%% |
| SECURED | $167,111 | $167,011 | 0.1% |
| UNSECURED | $140,200 | $19,163 | 97.2% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $535,750 | $0 | 100% |
91.2% of MCA Debt Eliminated for KR Medical Technologies
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $617,846 | $155,074 | 74.9% |
| SECURED | $0 | $0 | 0% |
| UNSECURED | $617,846 | $155,074 | 74.9% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $399,904 | $30,000 | 91.2% |
100% of MCA Debt Eliminated for Selims Doener Kebap House LP
| TYPE OF DEBT | BEFORE | AFTER | % REDUCED |
| TOTAL | $418,852 | $114,812 | 72.6% |
| SECURED | $76,701 | $76,604 | 0.1% |
| UNSECURED | $342,151 | $38,208 | 88.8% |
| HIGHLIGHTS | BEFORE | AFTER | % REDUCED |
| MCA | $221,875 | $0 | 100% |
