Restructuring Your Business With Chapter 11 Bankruptcy
Chapter 11 is typically used for business bankruptcies and restructuring. It is not as commonly used by individual consumers since it is far more complex and expensive to pursue than Chapter 13. However, individuals who do not qualify for Chapter 13 due to the debt limits may file for Chapter 11.
Chapter 11 allows businesses to reorganize themselves, giving them an opportunity to restructure debt and get out from under certain burdensome leases and contracts. Typically, a business is allowed to continue to operate while it is in Chapter 11, although it does so under the supervision of the United States District & Bankruptcy Court and its appointees.
Extensive Experience In Protecting Local Businesses
We’ve been practicing bankruptcy law for more than 25 years, and our founding attorney, Vicky Fealy, maintains Texas board certification* in this area. Our firm’s belief is to not only be their legal representation but also educate our clients so they can make informed decisions about their debts. The Fealy Law Firm, PC, will lay out all your legal options and help you choose the course of action that makes the most sense for your situation.
As a client, you will not be passed off from one person to another. Instead, you will work personally with lead attorney Ms. Fealy. She will be your advocate and will guide you through every step of the process. Let us help you determine if Chapter 11 or another form of bankruptcy or debt relief is right for you.
Our firm is based in Houston, but we help clients throughout the surrounding counties. We’re committed to helping other local businesses restructure and clear themselves of debt in order to maintain the vibrant working community in our area.
A Debt Relief Agency On Which You Can Count
If you or your business in Texas needs the assistance of an experienced bankruptcy attorney for handling unmanageable debts, contact The Fealy Law Firm, PC, today by calling 713-568-4491. You can also complete our online contact form to schedule your free consultation. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.