For businesses and sometimes sole proprietors, when financial distress seems unending, there can be hope, even in today's seemingly unforgiving market. Small businesses, corporations and sole proprietors can regain financial strength through bankruptcy. Chapter 11 bankruptcy is a complicated and time-consuming legal process. A qualified attorney can help guide businesses, corporations and sole proprietors through this legal process. We have extensive experience representing cases under Chapter 11 at our law firm.
With the challenging economic climate in Evansville and southern Indiana, bankruptcies, including Chapter 11 are becoming more frequent. They offer a chance to reorganize and restructure while businesses keep going. If you are experiencing serious financial challenges in your business, please contact us to discuss the feasibility of a Chapter 11 bankruptcy.
Indiana Business and Corporate Bankruptcy Attorney
For companies that want to remain actively in business and are worth more to owners and investors that way, Chapter 11 can be a viable method to get financial affairs in order. Stakeholders, including business owners, stockholders and creditors can experience more profit while the business is still operating than if the business was forced to shut down and sell out at a loss. John Andrew Goodridge, Esq. has represented many businesses in Chapter 11 cases and knows from experience that a Chapter 13 bankruptcy can be a more viable cost-effective solution for some clients. Let our successful handling of complex debt relief cases work for you and your business.
Chapter 11 bankruptcy can also be used by certain individuals burdened by complex, personal financial issues. In these cases, creditors are distanced to establish the time needed to form the details contained in a post-bankruptcy profitability plan. This guide identifies sources of new revenue or income, and ways to cut expenses.
Evansville Chapter 11 Bankruptcy Attorney
Are financial challenges threatening your company, small business or corporation? Would you like to discuss your situation to see if it warrants a bankruptcy option like Chapter 11? Please contact us, to schedule an appointment with a lawyer by calling 812-250-4276 or sending us an e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
