Chapter 11 Bankruptcy is a way for viable businesses to secure additional time to meet their debt obligations and to reorganize debts and contracts under the supervision of the Bankruptcy Court.
During this process, a business can continue to operate and does not require the oversight of a trustee unless such business has engaged in fraud or mismanagement.
Chapter 11 may be your best option. At Caddell Reynolds Law Firm, we can help you through a Chapter 11 process. With the right legal representation, your Bankruptcy can help the business. This is a legal way to give your business a fresh start.
Consider the following:
While in Chapter 11, an individual or business may be able to negotiate new payment schedules. They can also negotiate agreements with creditors or collectors to resolve problem debts and reduce amounts due with the approval of the Bankruptcy Court.
During a period of financial hardship, a business or individual in Chapter 11 may be facing an uncertain future. The federal law governing reorganization in Chapter 11 faces a complex set of rules and statutes that need to be carefully navigated achieve a positive reorganization.
If your business is viable but you are facing debt problems, call our experienced Arkansas Chapter 11 Bankruptcy lawyers for help at 800-671-4100. There is a lot of paperwork involved in Chapter 11 that requires, among other things, submission of detailed financial documents. Caddell Reynolds Law Firm will prepare the documents and file the petition with the Bankruptcy court on your behalf.
IF YOU OWN OR RUN AN ARKANSAS BUSINESS OR ARE AN INDIVIDUAL IN FINANCIAL TROUBLE, CONTACT US FOR A FREE CONSULTATION. WE HAVE VAST EXPERIENCE IN BANKRUPTCY AND DEBT RELIEF LAW. WE HAVE OFFICES CONVENIENTLY LOCATED THROUGHOUT THE STATE TO BETTER SERVE YOU.
AVAILABLE FOR HOME & HOSPITAL VISITS IF YOU CANNOT TRAVEL
CLEAR & CONSISTENT COMMUNICATION THROUGHOUT THE PROCESS
AVAILABLE TO ANSWER YOUR CALLS & EMAILS 24/7
COMMITTED TO MAXIMIZING THE RECOVERY YOU DESERVE
HUNDREDS OF MILLIONS OF DOLLARS RECOVERED FOR OUR CLIENTS
OVER 100 YEARS OF COMBINED LEGAL EXPERIENCE
AVAILABLE TO ANSWER YOUR CALLS & EMAILS 24/7
CLEAR & CONSISTENT COMMUNICATION THROUGHOUT THE PROCESS
AVAILABLE FOR HOME & HOSPITAL VISITS IF YOU CANNOT TRAVEL
COMMITTED TO MAXIMIZING THE RECOVERY YOU DESERVE
HUNDREDS OF MILLIONS OF DOLLARS RECOVERED FOR OUR CLIENTS
OVER 100 YEARS OF COMBINED LEGAL EXPERIENCE