Michael is Board Certified in Consumer Bankruptcy Law by the Texas Board of Legal... more
Michael is Board Certified in Consumer Bankruptcy Law by the Texas Board of Legal Specialization. Within the Texas legal community, Board Certification means that an attorney has substantial, relevant experience in a select field of law as well as demonstrated, and tested, special competence in that area of law. There are more than 70,000 attorneys licensed to practice in Texas. Only 7000 ar... view profile
"AV" Peer-Review Rated by Martindale-Hubbell; named "Texas Super Lawyer" and "Rising... more
"AV" Peer-Review Rated by Martindale-Hubbell; named "Texas Super Lawyer" and "Rising Star" by Texas Monthly Magazine; named one of "Houston's Best Lawyers" by H-Texas Magazine. Board Certified, Business Bankruptcy Law, Texas Board of Legal Specialization; Member, College of the State Bar of Texas and "Barrister" of American Inns of Court. Member of the American Law Institute. --- My Hobbi... 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.