San Fernando Chapter 11 Attorneys — 3 found

Lawyers with

Avvo Rating

1.0 to 10.0

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  1. San Fernando Chapter 11 Bankruptcy Attorney Geoffrey Mason Ely

    Geoffrey Ely

    San Fernando, CA Chapter 11 Bankruptcy Attorney
    Licensed for 7 years
    AVVO
    RATING

    6.1

  2. San Fernando Chapter 11 Bankruptcy Attorney Lawrence David Simons

    Lawrence Simons

    Mission Hills, CA Chapter 11 Bankruptcy Attorney
    Licensed for 19 years
    Not yet reviewed
    AVVO
    RATING

    8.8

  3. San Fernando Chapter 11 Bankruptcy Attorney Lisa Marie Headrick

    Lisa Headrick

    Van Nuys, CA Chapter 11 Bankruptcy Attorney
    Licensed for 5 years
    AVVO
    RATING

    7.3

Bankruptcy / Chapter 11

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.