Ohio Chapter 11 Bankruptcy Lawyer
The past few years have been very difficult for American businesses. In this environment, many businesses are going through substantial hardships. If your company is experiencing instability due to debt problems, a reorganization may be exactly what your company needs. If you believe Chapter 11 may be in your company's best interests, it is important to enlist the services of an experienced business bankruptcy attorney. The law firm of Minnillo & Jenkins, CO. LPA, has helped businesses across Montgomery County and Ohio realize their goals in bankruptcy.
In Chapter 11 bankruptcy, businesses in financial distress are allowed the chance to reorganize their debts. In Chapter 11, you maintain control of your business. In Chapter 11, the company filing for bankruptcy discloses its assets and debts, and prepares a reorganization plan. The reorganization plan designates classes of creditors and lays out how much each creditor will be paid. In Chapter 11, the businesses' major creditors have the chance to approve, deny or propose alternative reorganization plans. Generally, the reorganization plan is subject to creditor approval, although Bankruptcy Courts have some latitude in approving a plan over creditor objections.
Once a reorganization plan is approved, your company will have the opportunity to repay your company's debts. Our law firm has substantial experience representing businesses in Chapter 11 proceedings. We have successfully represented our clients in bankruptcy litigation arising out of Chapter 11, including commercial lease disputes. If Chapter 11 is right for your company, we will take every step under the law to help you achieve your goals.
Contact the Dayton Business Bankruptcy Attorneys of Minnillo & Jenkins
Call our Dayton office at 937-550-1030 or e-mail our law firm to discuss your financial situation. In addition to our Dayton location, we maintain offices in Cincinnati and Columbus.
We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
