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
The 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! Call(561) 513-5809 for a free consultation.
