PROTECT YOUR BUSINESS
If your business or sole proprietership is facing crippling debt, you may think that there is no way to keep what you worked so hard to build and ever get back on track.
Chapter 11 bankruptcy, however, might be able to do just that. Filing for Chapter 11 most often results in the implimentation of a business reorganization plan overseen by a court appointted trustee. This means you may be able to retain your valuable business assets while keeping your creditors at bay.
Usually the trustee appointed is the owner of the business, making you what’s known as a “debtor in possession.”
To find out more about Chapter 11, call Marjan today at (424) 442-9195.