Harford County Chapter 11 Bankruptcy Lawyer
Committed Assistance for Bankruptcy Clients in Harford County
Although it is used less often than Chapter 7 or Chapter 13 bankruptcy, Chapter 11 bankruptcy is often utilized by corporations and small businesses. This chapter allows a business to stay open while restructuring its assets to address serious debt. If you are a business owner and are struggling to repay your debt, Chapter 11 could be a viable solution because it can allow you to keep earning income from your business while reorganizing your debts. By filing under Chapter 11, you become a "debtor in possession," allowing you to run your business with supervision from the court. The Harford County bankruptcy attorney at our firm can help you examine your options and determine whether or not this solution is right for you.