Navigating Chapter 11 Bankruptcy
Let Our Palm Beach Bankruptcy Lawyer Lead the Way
Consumers are not the only ones susceptible to debt and bankruptcy. In
fact, large corporations and companies can easily find themselves in financially
compromising situations. When this is the case, filing for Chapter 11
bankruptcy may be a viable option. This chapter of bankruptcy allows for
the reorganization of a corporation or partnership in order to save the
business. Business will have to pay creditors over a period of time, but
will effectively eliminates the immediate threat of losing your business.
Chapter 11 is not exclusive to business partnerships and companies; individuals
in the business sector are also eligible for Chapter 11 relief in some
cases. Our firm can help you determine whether or not this is the right
avenue for you. As with
Chapter 7 and
Chapter 13, there are limitations and specifications regarding this type of filing,
meaning the guidance of our Palm Beach bankruptcy lawyer is encouraged.
Eliminating Debt Through Ch. 11
Debt can quickly and easily build up past the point of manageability. For
this reason, we have made our services available to struggling individuals
and companies throughout Palm Beach. Too many
bankruptcy myths exist that serve to deter people from considering bankruptcy as a viable
option; however, with the assistance of a representative from our firm,
you can take advantage of the debt discharges made available through this option.
We can guide you through the following steps to eliminate your debt:
- Working with creditors to get a plan approved
- Restructuring finances
- Reducing obligations and modifying unfavorable payment terms
- Balance income and expenses to regain probability
- Continue operations to avoid further debts
bankruptcy process can be a complicated but worthwhile endeavor for those in need, and we
will do everything in our power to make sure that it is a satisfactory
experience. If you are currently financially floundering and need help,
do not hesitate to seek professional legal assistance from the Law Office
of Carol D. Ellis. Representatives at our firm listen and discuss your
options with you. We will notify you of all possible solutions and always
keep you involved in the process. We have helped many struggling individuals
throughout Florida and would be honored to do the same for you.
Our Palm Beach bankruptcy attorney is ready to lend you a hand!
for a free consultation.