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James R. Oppenhuizen is an experienced business and insolvency attorney in Grand Rapids. The Oppenhuizen Law Firm, PLC is business focused and results driven. Mr. Oppenhuizen believes that entrepreneurs and business people are the catalysts for ...
Practice areas: Chapter 11 Bankruptcy, Corporate & Incorporation, Chapter 7 Bankruptcy, International Law, Chapter 13 Bankruptcy
Greg J. Ekdahl, a partner with the firm, focuses his practice in the areas of Consumer and Commercial Bankruptcy Law. Greg represents debtors and creditors in Chapter 7, 11 and 13 proceedings and has been featured as a speaker and lecturer regardi...
Practice areas: Chapter 11 Bankruptcy, Chapter 7 Bankruptcy, Chapter 13 Bankruptcy
James M. Keller focuses his practice in the areas of Business and Consumer Bankruptcy Law and Commercial Transactions. A native of Grand Rapids, Jim has been a partner with the firm since 1986. Jim is a graduate of the University of Michigan in A...
Practice areas: Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
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.