Chapter 11 Bankruptcy Lawyer
Filing for Chapter 11 Bankruptcy
Debt can be felt by more than just a personal homeowner or a struggling unemployed individual. Businesses and corporations are also at risk of incurring more debt than they know what to do with. In these cases, big businesses can also file for bankruptcy just as individuals can. While corporations and large businesses are not eligible for Chapter 7 and
Chapter 13 filings, they can default to Chapter 11 which serves the same purpose but on a different level.
A bankruptcy attorney can assist in the legal
process involved in filing for Chapter 11 cases. This type of
debt relinquishment is commonly referred to as reorganization bankruptcy because it calls for the restructuring of a corporation or partnership in order to keep the business going. Creditors will be paid off over a specified period of time. Similar to other forms of bankruptcy, there is a
timeline that can be expected when declaring bankruptcy of a Chapter 11 class, and
resources are available to help at each stage of the process.
Chapter 11 Bankruptcy Attorney
There are many more benefits than hindrances to bankruptcy, especially when your debt has accumulated to the point of no return. Common negative perceptions exist when it comes to bankruptcy, but these are usually formulated based on
myths that have been generated about the process. Unlike many believe, there is a great sense of relief to be gained from the relinquishment of your debts or the restructuring of your business. No longer will you need to worry about how to pay off the pile of unpaid bills on your desk or how to make the
tax payments you owe. You and/or your business will be relieved of these stressors after successfully declaring bankrupt and beginning anew.
Hiring a bankruptcy attorney from Bizar & Doyle, LLC will open the door to
life after bankruptcy. With more than 40 years of experience to our name, there is little in the way of debt that has not been handled by one of our skillful lawyers. Each member of our team has dedicated himself to the successful filing and outcome of bankruptcy and debt cases. You can rest assured that choosing to work with our firm will provide you with nothing short of the ease and comfort that have been missing from your life since the time that your debt began to accumulate.
Begin your debt-free future today with the help of an attorney from our firm. Contact a bankruptcy lawyer today to learn more.
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