Reorganization Plan for business or for individuals with high income and high debt.
Chapter 11 is the form of reorganization usually used by businesses to restructure their debt. Chapter 11 is the most flexible type of bankruptcy and gives the most powers to the debtor. A small business might consider Chapter 11 if your current business would be viable with less debt.
Chapter 11 is available for individuals too. An individual might consider Chapter 11 if you have too much debt to qualify for Chapter 13 or if you need more powers than you get in Chapter 13.
There are special provisions for small businesses and individuals but Chapter 11 can be expensive and complicated.
Let Michael Warren and Warren Law Firm help you get back on track.
We'll answer your Questions, dispel the Myths and help you determine whether Bankruptcy is right for you.
Check-out our Brochure for even more information about Warren Law and the bankruptcy process.
