Chapter 11 bankruptcy is a powerful tool for helping businesses reorganize their finances so that they can emerge strengthened and well-positioned to flourish in the years ahead. Any business, large or small, can find itself the victim of unfortunate financial circumstances. How the leadership of that business chooses to react to a difficult debt situation can determine the future viability of the enterprise.
To gain the maximum benefit from Chapter 11 bankruptcy, a business owner should choose wisely when selecting an attorney to help guide the business through the Chapter 11 bankruptcy process. Dunlap Bennett & Ludwig bankruptcy lawyers have represented large and small businesses–from commercial property developers to newspapers and churches–in bankruptcy reorganizations and liquidations.
For companies that are struggling, it is important to understand that early planning is the best medicine. Our attorneys take a flexible approach to a reorganization, simultaneously seeking solutions outside of the bankruptcy system, while also planning a bankruptcy strategy. But the most successful reorganizations are usually those that have had strategies planned well in advance of an actual default. If your business is struggling, please contact our attorneys for a consultation to discuss the reorganization options for your business.