Reorganizing Debt Through Chapter 11
Individuals and businesses that do not wish to liquidate their debt may be able to reorganize their obligations through Chapter 11. These cases involve the debtor creating a Chapter 11 plan that, if confirmed by the bankruptcy court, becomes a legally binding agreement between the debtor and the creditors as to how the debtor’s debt will be repaid.
Chapter 11 cases are more often filed by businesses than individuals, and, in either case, determining the advisability and feasibility of filing Chapter 11 involves a complex analysis. At Brundage Law P.A., we have the experience and knowledge to help our clients through the Tampa Bay area make the right choices at the outset as to whether and under which chapter the client may wish to seek relief in bankruptcy court.
Representing Creditors And Debtors
On the Creditor side, our founding attorney, Mike Brundage represents:
- Secured lenders
- Trade creditors
- Unsecured creditors
- Asset buyers
- Litigation creditors
- Other parties that may have a claim against a Chapter 11 debtor
We are creative with our representation agreements, which can often lead to cost savings for our clients. We are available to consult with non-bankruptcy counsel, and we regularly act as special bankruptcy counsel, local counsel, or co-counsel with referring lawyers in Florida.
On the Debtor side, we are available to handle Chapter 11 cases of varying sizes. Our fee arrangements and engagement terms vary depending on the size and nature of the case. If you are considering filing Chapter 11, call or email us and we will consult with you free of charge.
Take The First Step Toward Resolving Your Debt Issues
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.