Chapter 11 Bankruptcy in Pennsylvania
Skillful Harrisburg & York Bankruptcy Lawyer
Commonly referred to as
rehabilitation bankruptcy, Chapter 11 allows businesses to restructure their debt and remain operative
throughout the process. Individuals whose debts are too high or complex for
Chapter 7 or
Chapter 13 protection may also be able to petition for Chapter 11 protection.
Filing Chapter 11 can complex and challenging without the help of an attorney.
Numerous steps are involved, including the possibility of negotiating
with each of your creditors. If you are considering petitioning for rehabilitation
bankruptcy, our skilled Harrisburg & York bankruptcy attorneys can
provide the supportive and assertive legal counsel you require to successfully
navigate this complicated process.
Reorganizing Overwhelming Financial Obligations
Whether your business is in financial trouble because of a disaster or
overoptimistic venture, the end result is usually the same: hounding creditors
and an abundance of debt that threatens the livelihood of your business.
Chapter 11 bankruptcy provides the legal means to make your debt more
manageable so your company can regain its financial stability.
Depending on the case, Chapter 11 may enable you to:
- Restructure the terms of your unsecured debt
- Sever or renegotiate leases / contracts that are lessening profitability
- Cram down payments on secured debts (company vehicles, real estate, etc.)
- Reorganize tax debt
Obtain Legal Help from a Bankruptcy Attorney in York, Harrisburg &
Dethlefs, Pykosh & Murphy Law, our practice is solely focused on bankruptcy. Our highly experienced
team can provide the strategic insight and strong representation you need
to effectively complete a Chapter 11 bankruptcy. Rehabilitation bankruptcies
can be extremely complicated and require dedicated legal counsel fully
abreast of the current laws and regulations governing the process.
diligent direction and supportive advice throughout every stage of your bankruptcy proceeding. To learn more about
how declaring Chapter 11 bankruptcy may help your business move beyond
the red and into profitability, call us today to schedule a
free case evaluation.