I am a New York native. I spent much of my youth growing up in the mid-Hudson Valley... more
I am a New York native. I spent much of my youth growing up in the mid-Hudson Valley and have lived in all 5 boroughs (including Staten Island) and outlying counties as well. Before becoming an attorney, I was a bankruptcy paralegal for several years and put myself through law school in the evening while working full-time. After law school, I was a law clerk for the Chief Judge of the Ma... view profile
My name is Benjamin Adams, and I am the principal and founder of the Adams Law Group... more
My name is Benjamin Adams, and I am the principal and founder of the Adams Law Group LLC. I practice bankruptcy law primarily in the Southern District of New York and in the Eastern District of New York. I represent debtors in Chapter 7, 11 and 13 cases. The details of my professional practice and qualifications can be found on my website at http://www.adamslawgroup.com.
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 Brooklyn, NY