Bar Associations: Coral Gables Bar Association Miami-Dade County Bar Association... more
Bar Associations: Coral Gables Bar Association Miami-Dade County Bar Association American Bar Association The Florida Bar (Sections Member for Business, Small Practice and Taxation) Bankruptcy Associations: Bankruptcy Bar Association for the Southern District of Florida National Association of Bankruptcy Trustees National Association of Consumer Bankruptcy Attorneys American Bankruptcy Insti... view profile
I have been practicing law for more than 25 years and have been helping families and... more
I have been practicing law for more than 25 years and have been helping families and businesses resolve debt issues. A few years ago following a divorce, I found myself in a similar position to many of my clients as I was struggling with debt from the divorce that I could not pay all at once. I made the difficult decision to file a Chapter 11 bankruptcy case which was successfully confirmed an... 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 Miami, FL