Chapter 11 Bankruptcy Basics

Generally speaking Chapter 11 bankruptcies are associated with businesses. If someone files a bankruptcy everything stops and basically the purpose of that is to give the debtor some breathing room to try to get things reorganized.

Another fundamental issue of the Chapter 11 bankruptcy is what we call The Debtor in Possession. Which means the law keeps the existing owner management team in place to operate the business.

If you have any questions, don’t hesitate to contact us. If the business is going south get into a lawyer’s office that knows something about a Chapter 11. Discuss your situation. Determine whether or not it’s time to file. Or if not, what can be done to avoid or to deal with a creditor and possibly even to avoid filing a Chapter 11.

Consult with an experienced bankruptcy attorney to find out what your options are. The Lanigans are located at 831 W Morse Blvd in (Winter Park Florida). 407-740-7379 Experienced Attorneys, Aggressive Representation with a Personal Touch.

[UzairJSherwani]

That was really very well explained and helpful! Thank you!

[samhanly]

I spoke to Eric Lanigan by phone and was impressed by his honesty and willingness to assist me while placing my best interest first. Eric, is a helpful attorney placing public interest before his own!
Thank you Eric!

[fionala]

I have a question .I cannot force pay it back all creditor.which chapter, I need to filed for chapter 11 or 13

[syfodias-jedimaster]

Whats is the success rate in terms of percentage of ch11? Give or take..

[CS-osyt]

Gate gourmet dumps all it's employees from Karachi unit on May 11, 2020 ! Dear Peter Andrist can you please handover our dues, gratuity and service letters! Btw I don't expect any response.

[thaakidd]

Ok vid. I called this firm and the attorney I spoke w was horrible. Flat out rude. Wouldn’t dare call this firm.