Los Angeles Chapter 11 Bankruptcy Lawyers
Chapter 11 bankruptcy gives businesses time to reorganize themselves, while allowing them to renegotiate debt with uncooperative creditors, and get out of burdensome leases and contracts.
Chapter 11 also provides debt relief to individuals who have assets that would be at risk in a Chapter 7 bankruptcy and who need more flexibility or have more debt than is allowed in a Chapter 13 bankruptcy. For more information about what is the right option for you or your company, contact the law firm of Weintraub & Selth, APC, today to learn more.
Chapter 11 bankruptcy is a good option when there are too many creditors for debt settlement and your business has sufficient prospects to continue operations if it is provided with debt relief or restructure. Businesses are typically allowed to continue to operate while in Chapter 11 bankruptcy, though they must do so under the supervision of the bankruptcy court.
In Chapter 11 bankruptcy, the bankruptcy court can force settlement terms on creditors even when they oppose this treatment. Since we handle all types of bankruptcy, our lawyers will find and provide you with the best solution for you, not the one which is best for the firm, which may be the case with other lawyers who do not practice under all chapters of the Bankruptcy Code.
Affordable Fee Plans
Our fee structure is very different from other Chapter 11 bankruptcy law firms. Very often, Chapter 11 bankruptcy requires a large prefiling retainer. Many middle market companies cannot afford such retainers and are either deprived of their right to file Chapter 11 bankruptcy or cannot file with a high-quality firm. At Weintraub & Selth, APC, we have bridged that gap by taking smaller retainers before the filing with monthly deposits after the filing.
Learn More About Chapter 11 Bankruptcy:
California Business Bankruptcy Lawyers
For more information, contact a Chapter 11 Los Angeles bankruptcy lawyer at Weintraub & Selth, APC.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.