Worcester Framingham Chapter 11 Bankruptcy Law Attorney
Bankruptcy Lawyer Serving Worcester and Framingham
With today’s economy, many businesses and individuals with high income
and debt are now finding themselves in the position of having to file
for Chapter 11 bankruptcy protection. This type of bankruptcy allows the
business to continue operations while repaying their creditors. This type
of filing is very advantageous to businesses, corporations, and partnerships
that would otherwise not be able to remain in business. If your business
is in some financial trouble but can still be profitable and viable with
some restructuring of debt, this may be the best option for your company.
This not only saves your business, but the jobs of all of your employees as well.
Once a company files for Chapter 11 bankruptcy, it can begin to restructure
its debt. This is done through the process of canceling or revising certain
contracts and financial obligations such as business loans. The bankruptcy
court will supervise the restructuring to ensure that all creditors are
treated equally and that the business continues to conduct itself in a
manner that will ensure its future viability. Once the Chapter 11 filing
has been done, the business will be able to get a fresh start, continuing
to perform it business functions without interruption.
Chapter 11 bankruptcy is applicable to businesses and individuals. With
the complexities involved in this determination, it is best to consult
with an experienced Worcester Framingham
Bankruptcy Law Attorney to assist you.
Contact a Worcester Framingham Chapter 11 Bankruptcy Attorney
If you or your business finds itself in a poor financial situation, filing
for Chapter 11 business or individual bankruptcy may be the best option
for you. This will enable you to get out from crippling commercial debt
that is keeping your business from being able to expand. It will allow
you to work towards eliminating the debt through restructuring. At the
Law Office of Robert W. Kovacs, Jr., we have extensive experience in bankruptcy
law and litigation, and will provide you with the skilled guidance you
need to get through your bankruptcy procedure. We believe that your business
deserves a second chance to succeed by restructuring under Chapter 11
protection. Our legal team is dedicated to helping your business continue
Contact a Worcester Framingham Chapter 11 bankruptcy lawyer at the Law
Office of Robert W. Kovacs, Jr.
to learn how we can help you file a successful Chapter 11 bankruptcy.