Neil, an experienced Kansas City consumer and business bankruptcy attorney , has... more
Neil, an experienced Kansas City consumer and business bankruptcy attorney , has practiced law in the Kansas City area since graduating from the University of Kansas School of Law in 1984. Although originally from the east coast, Neil lived throughout the Midwest growing up and he has happily made the Kansas City area home. He maintains an AV rating (the highest rating possible) from the Martin... 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 Kansas City, MO