Chapter 11 generally provides for a business reorganization. A chapter 11 debtor proposes a plan of reorganization to keep its business alive and pay creditors over time.
Unfortunately, none of these options are as simple as they sound. Bankruptcy law is complicated. The choice to file bankruptcy, the choice of which type of bankruptcy you can and should file, the choice of how to proceed once you file, all require a deep understanding of the law. With decades of experience, we can help you make the right choices.