Chapter 11
The Stone Law Firm, P.C. has a 20 years of success filing Chapter 11 bankruptcy for individuals and businesses. The following is intended as general information regarding chapter 11. It is not intended as legal advice regarding your specific case. If you have questions, feel free to contact us today to schedule an appointment.
Chapter 11 Bankruptcy—
Individuals with more than $1,081,400* in secured debt or $360,475*worth of unsecured debt or a business may file chapter 11 bankruptcy.
Business may continue to operate while in chapter 11 bankruptcy. Creditors and the bankruptcy court must approve a plan to repay the business’s debts.
As chapter 11 cases are generally more complex based on the financial interests involved, consult with us today to see if a chapter 11 is right for your or your business and to receive a quote for the attorney’s fees involved.
Please contact us today for a free initial consultation on your specific situation.
* 11 U.S.C. § 109(e) (debt limits are subject to change).