Chapter 11 Business

Get Help With Your Business Debts

The problem is simple: you have more money going out than coming in. Chapter 11 business bankruptcy might be an option to help you lift the burden of debt from your business.

When you work with the attorneys at Jeffrey P. White and Associates, P.C., you will get straight answers. I have been working in business bankruptcy and business law for 25 years. I know the benefits and detriments of your debt relief options, so I can give you an honest analysis of your situation and help you find debt relief solutions that will last.

Chapter 11 Business Bankruptcy

The main reason for choosing Chapter 11 is simple: your cash flow won't cover your debts. Or perhaps the bank has a security interest on your accounts receivable and is prohibiting you from using them. Either way, Chapter 11 business bankruptcy might be a solution.

There are some things you should know about Chapter 11 business bankruptcy:

  • Like Chapter 13, Chapter 11 can provide a debt reorganization plan that fits into your cash flow and allows you to keep your business afloat.
  • The court can order an extension on your payments, credit, or release of your debts, which can help you continue operating your business.
  • If you cannot find a way to continue your business through Chapter 11, you can still use a "Liquidating Chapter 11" plan, which helps you get the best return possible for your assets as you are winding up your business.

I bring 25 years of experience in business bankruptcy, so I can help you find the best path to debt relief. This experience also helps me to avoid dead-ends and to minimize overhead costs, giving you exceptional legal services at a great value.

Knowledge ∙ Efficiency ∙ Lasting Solutions

I pride myself in giving my clients the time and care to find debt relief solutions that will last a lifetime. For Chapter 11 bankruptcy help in Portland, Augusta, or Lewiston, Maine, contact a lawyer today. For your convenience I have two office locations in Auburn and in Portland.