The bankruptcy attorneys at the Law Offices of Gregory Krasovsky provide legal counsel and representation to businesses filing for Chapter 11 bankruptcy. In order to ensure that a Chapter 11 bankruptcy is undertaken with the greatest efficiency, it is important to work with a skilled bankruptcy attorney. For legal support, contact a bankruptcy lawyer today to schedule a free consultation.
Chapter 11 bankruptcy, while technically can be filed by individuals, almost is always filed by businesses for the purposes of reorganization. Often, Chapter 11 bankruptcies can last years and require a lot of legal assistance. Creditors are entitled to have their claims heard by a court, and their testimonies sometimes determine the eligibility and legality of a Chapter 11 bankruptcy. Additionally, the amount of disclosure of assets is a crucial legal issue that has to be handled delicately. Because Chapter 11 bankruptcy grants automatic stay, creditors must cease collection attempts so long as the bankruptcy proceedings are taking place.
The lawyers at the Law Offices of Gregory Krasovsky handle all aspects of Chapter 11 bankruptcy proceedings. We can ensure that all laws are being complied with and help your business develop the most cost-effective strategy to file for bankruptcy.
Contact our attorneys today for a free consultation.