A Chapter 11 bankruptcy is a reorganization typically reserved for businesses although it may be an option for certain individuals. When an individual has debts that exceed the limitations of Chapter13, Chapter 11 is available for reorganizing debt.
A Chapter 11 bankruptcy is a complex and expensive process. It requires careful analysis and planning. Unlike Chapter 13 the debtor in a Chapter 11 serves as their own trustee and the law imposes strict duties on the individual in this role.
Similar to a Chapter 13, a Chapter 11 bankruptcy potentially allows a debtor to:
Stop foreclosure
Catch up mortgage arrears
Resolve outstanding tax debt
Remove junior liens
Restructure senior liens
A Chapter 11 bankruptcy requires experienced bankruptcy counsel. Please contact the Law Offices of Reginald Hindley for a free consultation and evaluate whether a Chapter 11 Bankruptcy is a potential solution for you.
Contact Us for a Free Initial Consultation Contact the firm online or call 707-575-3700 or 707-542-4200 to schedule your free initial consultation. You can also reach us at 415-202-0800.
Contact Santa Rosa Chapter 11 bankruptcy attorney Reginald Hindley today to set up a free initial consultation. Our office is open Monday through Friday from 9 a.m. to 5 p.m. We also have evening and weekend appointments. We offer reasonable rates and payment plans. We represent clients throughout the North Bay with offices in Santa Rosa and San Francisco.