Evanston Chapter 11 Attorneys — 4 found

Lawyers with

Avvo Rating

1.0 to 10.0


  1. Evanston Chapter 11 Bankruptcy Attorney Erica Crohn Minchella

    Erica Minchella

    Erica has practiced law for over 30 years, concentrating her time, talents and... more
    Licensed for 33 years - $150-$350/hour
    AVVO
    RATING

    10.0

  2. Evanston Chapter 11 Bankruptcy Attorney Rusty Allen Payton

    Rusty Payton

    Attorney Rusty A. Payton has practiced in Chicago for the last twenty years. He is... more
    Licensed for 25 years - $295-$415/hour
    AVVO
    RATING

    5.5

  3. Evanston Chapter 11 Bankruptcy Attorney Edward King Poor IV

    Edward Poor

    Winnetka, IL Chapter 11 Bankruptcy Attorney
    Licensed for 36 years
    Not yet reviewed
    AVVO
    RATING

    6.5

  4. Evanston Chapter 11 Bankruptcy Attorney Andrew J Valentine

    Andrew Valentine

    Winnetka, IL Chapter 11 Bankruptcy Attorney
    Licensed for 41 years - 60 Min Free Consultation
    Not yet reviewed
    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.