Ohio Chapter 11 Bankruptcy Lawyers Offering Skilled, Dynamic Representation
The business climate over the past few years has been unfavorable, to say the least. If your business is teetering on the edge of collapse, bankruptcy may be a way to overcome serious debt problems. If you are discussing filing for bankruptcy, it is imperative that you discuss your situation with an experienced bankruptcy lawyer. Minnillo & Jenkins, CO. LPA, with offices in Columbus, Cincinnati and Dayton offers a high level of representation to businesses in financial distress.
Chapter 11 bankruptcy gives businesses the opportunity to reorganize their debts. A Chapter 11 is similar to a Chapter 13, in that the debtor prepares a plan to repay the debts of the business. This plan is known as the reorganization plan. Unlike a Chapter 13, in Chapter 11, the businesses' major creditors have the opportunity to approve the reorganization plan. The creditors may also submit alternative plans. One potential issue with Chapter 11 is that it does allow businesses' creditors to get a very close look at companies' finances. Under Chapter 11, the debtor is required to make written disclosures of its affairs.
If the reorganization plan is approved, your company will have the chance to reorganize and repay creditors according to its abilities. We understand the various strategic elements involved in Chapter 11, and we understand how to implement your goals. Unlike many bankruptcy law firms, we have significant experience representing Chapter 11 clients in litigation, including commercial lease disputes. This experience can be invaluable when dealing with the various issues involved in Chapter 11.
In addition, if your company is no longer a viable concern, we can represent your company in Chapter 7 bankruptcy.
Contact the Columbus Business Bankruptcy Attorneys of Minnillo & Jenkins
Call our Columbus office at 614-500-4755 or e-mail our law firm to discuss your concerns. We offer a free initial consultation.
We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
