Nevada Chapter 11 Lawyer

Chapter 11 Bankruptcy for Businesses and Corporations

Chapter 11 bankruptcy gives businesses and corporations the ability to reorganize their finances, allowing them to repay creditors, while staying open and operational. The idea behind this type of bankruptcy is that businesses that are able to stay up and running, and will continue to generate revenue, which makes them more capable of repairing their financial situation.

There are benefits to filing Chapter 11 for businesses that are in large amounts of debt, such as:

The ability to object to creditors' claims
Avoid liens
Reject leases and contracts with no penalties
Extensions on payment terms
Possibly reduce the amount owed to creditors

In order to make a fully informed decision about whether to file Chapter 11, it is highly advised that a skilled Nevada bankruptcy attorney be hired. The process of filing bankruptcy, especially for businesses and corporations can be difficult to navigate through, and having a seasoned lawyer providing guidance, will help to achieve the most desirable outcome.

Bankruptcy Lawyer in Nevada Helping Clients in Need of Chapter 11

At Price Law Group, we are dedicated to assisting clients that are in financial trouble so they are able to move forward in a positive direction. Drowning in debt can make it nearly impossible to effectively run a business and make sound decisions, especially when you never feel like you can get ahead. Our job is to make it possible to work through those roadblocks and help make it feasible to continue operations.

If you or someone you know is struggling with debt, whether you are a business owner, involved in a corporation or an individual looking for a way out, we are prepared to represent you through the process of filing Chapter 11 bankruptcy. We will assist in all of the steps that are necessary, from start to finish, making sure your rights are protected and that the result is the best solution to fit your needs and goals for the future.

For more information about filing bankruptcy, Contact a Nevada Chapter 11 Attorney from our firm now.