Whittier Business Chapter 11 Attorney
Helping Businesses Escape Debt
In the current economy, many businesses find themselves struggling with overwhelming debt. The good news is there are options available to help you reorganize your business and get back on a path to financial solvency. At the Law Offices of Nicholas Gebelt, our Whittier business Chapter 11 lawyer can help you explore your debt relief options. We will work tirelessly to help you reorganize your business so you can pay your debts.
If you own a business and are struggling with creditors, we are available to help. Contact our California bankruptcy attorney online.
Our Whittier Chapter 11 lawyer, Nicholas Gebelt, is one of only a few legal practitioners designated as a bankruptcy specialist by the California Board of Legal Specialization. This helps to ensure a thorough, well-done bankruptcy that can help you escape overwhelming debt. Board certification means high-quality. Don’t roll the dice with a bargain basement hack. Hire a board certified specialist and have confidence.
The Skill to Negotiate With Creditors
Our debt reorganization attorney can handle creditors if Chapter 11 is the right option for you. It will be necessary to develop a repayment plan to help with the business reorganization. This plan will be presented to creditors. The creditors will then vote on the plan. If it is accepted, and the judge confirms it, it will become a contractual agreement between the parties.
Creditor approval of a plan does not have to be unanimous. We will negotiate with creditors, explaining how the reorganization plan is likely to benefit them and how not voting for the plan may hurt them in the future. You can rely on the skill and knowledge that comes with hiring a board certified bankruptcy specialist.
Working to Reorganize Your Business
Chapter 11 bankruptcy is a valuable tool to help your business reorganize and get back on track. However, filing under Chapter 11 may cause you to lose your ownership interests due to something called the absolute priority rule. When we work on developing your reorganization plan, we will do everything we can to protect your interests. We will also be by your side throughout the process to guide you through your dealings with creditors, trustees, and the court. In some instances, Chapter 11 may not be the best option for your situation. We will take an in-depth look at your business’s current state and let you know whether business Chapter 7 might be a better fit. In either case, you can rely on our skill and expertise to help you confront your debt problems and reach a resolution that makes the most sense.
You do not have to suffer from the constant stress of business debt. Contact our Whittier business Chapter 11 attorney online. We offer flexible appointment scheduling and interest-free payments.
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