Port St. Lucie Chapter 11 Bankruptcy Attorney
Filing for chapter 11 bankruptcy in Florida on your own is an immensely challenging undertaking. Piles of time-consuming and sensitive paperwork, long meetings with creditors, courts, and related parties, and the accurate evaluation of your business to develop a plan of reorganization will require undivided attention, specific legal skills and experience, and a thorough understanding of state and federal bankruptcy laws.
When you work with our Port St. Lucie chapter 11 bankruptcy attorney, Brian McMahon, he will personally handle your bankruptcy case and utilize his over 30 years of experience to secure the best possible results for you and your business.
Should I File for Chapter 11 Bankruptcy?
Chapter 11 bankruptcy is mainly for businesses that require time to restructure or reorganize their finances. It is a great option for debtors that want to stay on top of their financial affairs, including liquidating assets, preserving their business, or both. Some individuals may likewise be able to file for chapter 11 bankruptcy if their debt is too high to qualify for chapter 13.
Among the most crucial benefits of chapter 11 bankruptcy is you continue operating your business while reorganizing it due to the automatic stay, which will go into effect once your petition has been filed by your Port St. Lucie chapter 11 bankruptcy attorney. The automatic stay effectively stops all collection actions, which will give you sufficient time to reorganize your business while negotiating with creditors without having to deal with the stress and harassment of debt collection actions.
What Our Port St. Lucie Chapter 11 Bankruptcy Attorney Can Do For You and Your Business
- Make sure you meet all the deadlines – Bear in mind that missing a deadline can result in your case being dismissed or changed into a chapter 7 bankruptcy that a trustee will control.
- Handle all communications with relevant parties – Meetings with the court and negotiations with creditors can be time-consuming, intimidating, and overwhelming.
- Develop a solid reorganization plan – Preparing and developing a confirmable and lawfully sound plan of reorganization for your business can be difficult. This process can be extremely complicated, and without proper legal guidance, you risk being exploited by unscrupulous creditors or making serious mistakes that can result in the dismissal of your case. Brian McMahon, our Port St. Lucie chapter 11 bankruptcy attorney, can develop a sound reorganization plan that will clearly outline your repayment plans to creditors.
- Protect your best interests and legal rights – Your attorney will continue protecting your business after your reorganization plan has been approved to ensure that creditors can’t collect on certain claims that were not provided for in your repayment plan.
Get Legal Guidance From Our Seasoned Port St. Lucie Chapter 11 Bankruptcy Attorney Now
Brian McMahon, our seasoned Port St. Lucie chapter 11 bankruptcy attorney, can successfully guide you through the complex process of reorganization, from filing your bankruptcy petition to the confirmation of your bankruptcy reorganization plan. To schedule your free case evaluation with our Port St. Lucie chapter 11 bankruptcy attorney, please call our office at 772-228-6701 or reach us online.