An accomplished attorney, Michael Guyerson holds an AV rating by Martindale Hubble, in addition to certification as a business and bankruptcy specialist by the American Bankruptcy Institute. Since 2016, Michael Guyerson has served as senior counsel at the Buechler Law Office in Denver, Colorado, where he manages the firm's civil litigation and commercial bankruptcy lines of business.Business or commercial bankruptcy refers to a legal proceeding that takes place when a company can no longer repay its debts. The exact process, which takes place in a federal court, depends on how a business is legally structured.Sole proprietorship bankruptcies typically occur as a Chapter 13 reorganization filing, since these businesses are legal extensions of the individual owner. Chapter 13 filings are usually reserved for individuals, and the “chapter” refers to the section of the United States Bankruptcy Code that governs the process.Legal business entities, such as corporations and partnerships, typically file for bankruptcy under Chapter 7 or Chapter 11. Chapter 7 bankruptcies, or liquidations, are used when a business lacks a viable future. Alternatively, a Chapter 11 filing may be used when there is hope to improve the company’s financial position. A Chapter 11 filing involves a planned business re-organization monitored by a court-appointed trustee.
Michael Guyerson is an experienced attorney who holds a bachelor's degree from the University of Illinois, in addition to a juris doctor from the University of Colorado. Currently, Michael Guyerson serves as senior counsel at the Buechler Law Office in Denver, Colorado, where he holds certification as a business bankruptcy specialist by the ABC Board of the American Bankruptcy Institute.Since its founding in 1982, the American Bankruptcy Institute has represented and advocated for the interests of bankruptcy professionals across the United States. The organization, which engages in ongoing reporting and analysis of bankruptcy laws and regulations, currently represents more than 12,000 members.The institute's members benefit from access to an array of educational materials and resources that range from court opinions and case summaries to professional blogs and publications. The organization’s publications, which cover topics such as relevant news, opinions, data, and editorial content, allow members to manage and maintain their continuing professional education requirements while staying current in their field. In addition to these educational resources, members enjoy business benefits through an online directory designed to generate referrals and multiple networking opportunities.For additional information on membership benefits with the American Bankruptcy Institute, visit www.abi.org.
