Dheeraj assists his clients to regain control over their finances, whether it be a... more
Dheeraj assists his clients to regain control over their finances, whether it be a small business who needs time to repay creditors or an individual who is behind on a mortgage and is in danger of losing her house. Recognized as a Top Attorney by the Pasadena Magazine for 2010, 2011 and now 2012, Dheeraj is one of the few Pasadena bankruptcy lawyers who handle Chapter 11s for both indiv... view profile
For more than 30 years, I have focused my practice in the areas of business... more
For more than 30 years, I have focused my practice in the areas of business reorganization, corporate insolvency, commercial and bankruptcy litigation, as well as the acquisition of assets and businesses in bankruptcy court and out-of-court workouts. I have served as lead counsel for debtors, creditors (secured and unsecured), creditors’ committees and purchasers in the bankruptcy, restructurin... view profile
If you own a business that owes money but needs time to repay it, you may require the services of a Chapter 11 bankruptcy attorney. When a company attempts to stay in business and files Chapter 11, the bankruptcy court supervises the company's reorganization of debts and contracts for repayment. This means the company can negotiate for later due dates, or pay the debts for less, with the creditors' and court's agreement. If there's simply not enough money to manage the debts even with extra time, then the Chapter 11 is converted to a Chapter 7 and the company ceases to exist. Other times, creditors take ownership of the company to try to salvage their losses. Chapter 11 attorneys can help you navigate the process and predict the legal consequences of filing under Chapter 11, whether you are a debtor or a creditor.
Chapter 11 Bankruptcy Attorneys in cities near Pasadena, CA