Cary is licensed to practice law in both the state and federal courts of Kansas and... more
Cary is licensed to practice law in both the state and federal courts of Kansas and Missouri. He is committed to helping clients get a fresh start and regain financial stability. Prior to opening The Smalley Law Firm, LLC in 2011 Cary worked as an attorney at a highly respected Kansas City law firm since 2005. Cary received both his undergraduate degree and law degree from The University of... 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.