Chapter 11 Bankruptcy Can Benefit Businesses And Individuals
Chapter 11 is a form of debt reorganization used by businesses to allow them to keep operating under a debt repayment plan. It is also an effective bankruptcy tool for individuals who have more than $1.08 million in secured debt and $330,000 in unsecured debt and do not qualify for Chapter 13.
Experienced Chapter 11 Attorneys
Unlike attorneys who advise on Chapter 7 and Chapter 13 consumer bankruptcy, fewer lawyers have experience with Chapter 11 reorganization or understand how to use it to their client’s advantage. At The Law Offices of Ronald I. Chorches, our Hartford, CT, Chapter 11 bankruptcy lawyers have helped scores of individuals and businesses create a workable payment plan under Chapter 11 and eliminate much of their unsecured debt or financing. When you contact us, we help you prepare a plan of action and prepare you for court appearances at the U.S. Trustee’s Office. Our goal is to get you or your business back on its feet, eliminate as much debt as possible and devise a plan that allows you to make payments that work within your budget.
Get Your Bankruptcy Questions Answered
For a free, confidential consultation on how Chapter 11 bankruptcy can benefit businesses and individuals, please contact us online or call The Law Offices of Ronald I. Chorches at 860-952-3878.