Filing Chapter 11 Bankruptcy? We Can Help!
If you or your small business is in an excessive amount of debt, a reorganization
plan to get you back on track and keep your business alive may be the
bankruptcy option for you. A Chapter 11 bankruptcy is often known as a
small business reorganization plan because it allows you as the business
owner to remain in control of your assets while repaying your creditors
over an extended period of time that is discussed and approved by the
bankruptcy courts. The plan begins when your bankruptcy lawyers help you
to file certain financial statements.
The Warminster Chapter 11 bankruptcy attorneys at McCullough Eisenberg
can help you draft and file some of the following paperwork with the courts:
- Assets and liability
- Schedule of income and expenditures
- Debts to creditors information
- Tax or mortgage records
- Relevant contracts
- Financial affairs statement
- Certificate of credit counseling and debt repayment plan (individual debtors)
Our firm can navigate you through every step of the process and help you
understand your rights. Let us provide you with the legal guidance that
you need to protect your hard-earned business during these tough times.
Give us a call at (215) 392-6696 to schedule a free consultation!
Benefits of Being a Debtor in Possession
One of the significant advantages of a Chapter 11 bankruptcy is the fact
that the debtor remains in possession of the assets. As a Chapter 11 debtor
in possession, you will continue to operate your business while reorganizing
your pre petition debt in order to construct a plan that works for you.
With over 50 years of experience in countless cases, McCullough Eisenberg
is prepared to confidently handle your case.
For a knowledgeable and experienced Warminster bankruptcy attorney, call
(215) 392-6696 and receive a free case evaluation.