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Chapter 11
At the Law Office of Carl M. Barto, our bankruptcy solutions aren’t just for individuals struggling with debt. We also provide solutions for commercial businesses that are struggling financially and need legal representation for help. Many businesses going through financial troubles will file for Chapter 11 bankruptcy, which will help protect their assets and ensure the continued day-to-day operations of your business, even when the business is going through financial troubles.
A trusted Chapter 11 attorney can help you sort out the many complexities of the Chapter 11 process. In this process, a business’ assets will be reorganized in order to prioritize the most important assets. Chapter 11 bankruptcy is an option for small businesses, large corporations, limited liability companies, and other businesses that are trying to solve a major financial crisis while still continuing normal day-to-day operations. The Law Office of Carl M. Barto is the legal team that will be there for you during a Chapter 11 bankruptcy.
As part of the Chapter 11 bankruptcy process, a business filing for Chapter 11 will have to present a new business plan in court that will explain the restructuring of the company’s financial obligations. This restructuring can include the modification of payment plans to lower payments and help give the business some flexibility when it comes to money owed. The reorganizing of assets will help stop the bleeding when it comes to the company’s finances, lower debt, and keep the business on more stable footing.
The bankruptcy attorneys at the Law Office of Carl M. Barto will help oversee your new payment plan and make sure it is approved in court. We are here to help you and your business if you find yourself in financial trouble and need a way out. Contact the Law Office of Carl M. Barto today to learn more about Chapter 11 bankruptcy and find out if it’s the right option for you.
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