A Chapter Eleven bankruptcy is a reorganization, which usually involves a corporation or business entity. Chapter Eleven of the Bankruptcy Code is designed to allow businesses to restructure its debts while continuing operations, thereby maximizing its value to creditors, owners, and other interested parties such as employees. A Chapter 11 Plan is essentially a contract between the debtor and its creditors providing for how the debtor will operate and pay its debts and obligations in the future.
We are experienced in Chapter 11 bankruptcy proceedings, having represented debtors and creditors in Chapter 11 cases.
If you require representation in a Chapter 11 bankruptcy, call us today.
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