EXPERIENCED SAN FRANCISCO
CHAPTER 11 BANKRUPTCY LAWYER
Chapter 11 Reorganization. Lower Interest Rates, Discharge Debts, Create Profit!
Chapter 11 bankruptcy is the most complex but also most powerful of the common chapters of bankruptcy law. Chapter 11 cases are routinely filed for both businesses and individuals. For businesses, chapter 11 bankruptcy can provide the breathing room and ability to negotiate that may be difficult to find when creditors are threatening defaults or levies, taxes are past due, leases may be past due, or other employment or cash flow issues may exist. Chapter 11 can be an extremely powerful tool for a business to reorganize their debts, minimize their losses, and restructure into increased profitability.
Chapter 11 can also be used for individuals, particularly individuals with high value real estate, or rental properties. Chapter 11 can stop foreclosure and allow property owners to reorganize mortgage loans against a property, and restructure payments or sell properties for maximum value. In many situations, Chapter 11 can strip junior liens on property (or assets), reduce some liens to the market value of the property, and discharge other debts that the filer may have. There are a huge number of variables that affect any given chapter 11 scenario, and we have helped an extensive variety of individuals and businesses reorganize their situations successfully through chapter 11 bankruptcy filings.
Upon filing a Chapter 11 bankruptcy, an “automatic stay” goes into effect immediately*, which requires all creditors to stop any collection or repossession activities.
At the Moher Law Group, we regularly file Chapter 11 cases and help our clients to save their homes or businesses, and create a plan to reorganize their debts. Please call (415) 917-2001 today, or Contact us today online to find out how Chapter 11 could help your situation, and to discuss any other options you may have. (For fastest response use the form on the right)
CONTACT US TODAY AND WE WILL BE HAPPY TO ANSWER ANY QUESTIONS.
*the “automatic stay” may not be automatic in cases of repeat filings or where there has been an order for specific types of relief in prior cases. Contact us and we can quickly determine and explain how the automatic stay would apply and what actions to take to protect the house depending on your circumstances.