Personal Attention, Affordable Solutions
The New Jersey corporate bankruptcy law firm Markowitz Gravelle, LLP, offers experienced legal services to businesses in all aspects of bankruptcy, including Chapter 11 bankruptcy. We are committed to providing affordable solutions toward the resolution of your financial obstacles.
A bankrupt company might use Chapter 11 to reorganize itself and try to become profitable again. Assisting businesspersons with this necessary strategy has been a special focus of our skilled law firm for almost 10 years. Our firm has a business law background; this is particularly valuable in assisting business clients considering bankruptcy. We also represent high net worth individuals in Chapter 11 filings. To schedule an appointment with our Trenton Chapter 11 bankruptcy lawyers, please call 866-437-1189 or contact us online.
New Jersey Filing Chapter 11 Reorganization Lawyers
Most publicly held companies file under Chapter 11 rather than Chapter 7 since it allows the company to try to continue operations. Chapter 11 can provide a means for shoring up a company's faltering business by reorganizing the business' debt into a plan and discharging some eligible debts. During the reorganization, a business may also be allowed to discontinue some contracts and leases, and recover some of its assets.
Under Chapter 11 bankruptcy, a publicly traded company usually continues business while its stock is allowed to be traded. Management continues running day-to-day operations, but a bankruptcy court will have to approve all significant decisions affecting the business.
In Chapter 11, a company will either work out a plan to return to viability or, in the end, liquidate. The skilled bankruptcy attorneys of Markowitz Gravelle will do whatever we can to help you avoid that worst-case scenario, including negotiating directly with lenders to work out effective payment plans.
Contact Markowitz Gravelle, LLP
If a Chapter 11 bankruptcy filing appears to be the next move for your business in the reorganization process, our experienced attorneys can help. Please call us at 866-437-1189 today.
