Milwaukee Chapter 11 Bankruptcy Attorneys
Skilled Bankruptcy Lawyers Serving Southeast Wisconsin
In Wisconsin, Chapter 11 bankruptcy petitions are typically used by corporate or commercial businesses to reorganize substantial debt that is more complex in nature. Also referred to as "reorganization bankruptcy," a few individuals with substantially high debt and assets, may also petition for Chapter 11 bankruptcy protection. If you have a business that has fallen on financially hard times, but has promise of future viability, or if your critical financial debt can be relieved through reorganization, Chapter 11 bankruptcy may be right for you.
The experienced Milwaukee Chapter 11 bankruptcy lawyers and consumer law attorneys in the Law Office of Rollie R. Hanson, S.C. can protect your rights and assist you in meeting the court ordered terms of your debt reorganization. For 25 years, we have helped businesses and high non-exempt asset individuals obtain positive outcomes in Chapter 11 filings in the bankruptcy courts throughout Wisconsin
Filing for Chapter 11 Bankruptcy in Wisconsin
Many businesses struggling through tough economic times may reach a point where cash flow is inadequate to meet escalating financial obligations. When a company can continue to operate after assistance from the courts, a Chapter 11 bankruptcy may be the best solution. The bankruptcy filing can accommodate:
- A stay of creditor collection activity;
- An intermediate remedy and debt restructuring;
- The court's supervision in company reorganization of debt and contract repayment;
- A reduction in the debt repayment obligations and settlement of debt with some creditors;
- An extension of time for debt repayment; and
- A fresh start following completion of a restructuring and management plan.
Chapter 11 is a complex procedure. The Chapter 11 debtor is required to file a Reorganization Plan with the court and send a copy to all creditors. The creditors are then given the opportunity to vote on the Plan. If your company or business faces financial difficulties, call our law office to get honest and straight answers to your questions.
West Allis Bankruptcy Attorneys for Chapter 11 Representation
The Milwaukee Chapter 11 bankruptcy lawyers at the Law Office of Rollie R. Hanson, S.C. have over two decades resolving bankruptcy cases for clients throughout southeast Wisconsin. We can help you assess your situation, determine the best bankruptcy option for your indebtedness, and move you through the bankruptcy process expeditiously. If you are a debtor needing help, a creditor forcing an involuntary bankruptcy, or a creditor claiming your financial interest with a debtor, contact our attorneys right away.
Call 414-321-9733 for an initial consultation. The moment you retain our services, we go to work for you. We keep you informed and involved in the decisions that best serve your interest and protect your rights. From our office in West Allis, we serve bankruptcy clients in Milwaukee, Ozaukee, and Waukesha Counties, and throughout Greater Milwaukee.