Bankruptcy > Chapter 11 Bankruptcy
Pennsylvania Chapter 11 Bankruptcy Legal Counsel to Manage Your Company’s Debt
Reorganize your business debt with our proven expertise in Bucks and Montgomery Counties
With a reputation for leading expertise and compassionate legal counsel, Adelstein & Kaliner, LLC is the foremost provider for creative legal debt solutions in Bucks and Montgomery Counties.
By focusing exclusively on Bankruptcy law, we offer clients like you Chapter 11 Bankruptcy relief as well as a true partner in evaluating the best course of action for your needs.
As such, we can determine whether Chapter 11 Bankruptcy or restructuring is the best choice for your business.
Utilize Chapter 11 Bankruptcy to save your business
Chapter 11 Bankruptcy is intended for businesses – including corporations, sole proprietorships, partnerships, and limited-liability corporations – that are experiencing financial distress. By declaring Bankruptcy, these same businesses would be able to remain open.
The foremost benefit in choosing this option is that upon filing your Petition, an Automatic Stay becomes effective. This rescues you from the constant creditor harassment or lawsuits you’re likely facing.
In most Chapter 11 cases, debtors, also known as “debtors-in-possession” are able to remain in control of the business. The U.S. Trustee may appoint a Creditors’ Committee that monitors proper management of the business. During this time, a debtor must also file a Reorganization Plan designating different classes and interests of creditors and explaining the treatment of each class.
At least one creditor class must accept the Plan for it to be confirmable by the court, assuming that it is in the best interests of the creditors.
Contact our Pennsylvania debt relief firm to see whether or not Chapter 11 Bankruptcy is the appropriate solution for your business
When you partner with Adelstein & Kaliner, LLC, you’re given access to a wealth of Bankruptcy knowledge as well as a compassionate partner that is dedicated to your successful future. We offer information and resources to ensure that you understand the process, have your questions answered, and are able to distinguish between Bankruptcy facts and myths.
If you’re uncertain as to what solution will be the most suitable debt relief option for your business, our team can help formulate a legal solution most appropriate for your needs.
To discuss your unique situation, please contact us at (215) 230-4250 to take advantage of a free phone consultation or schedule an in-office consultation at no cost to you. Or, if you feel more comfortable, please feel free to contact us online.
We look forward to serving as your partner to determine the most appropriate solution for your business during this critical time.
