Chapter 11 is a very powerful, yet complicated tool for reorganizing your finances. It allows you to press the pause button on collections and foreclosure while you establish a plan you get your company out of debt or while you reorganize your finances. It is also a tool for individuals who have too much property for Chapter 7 and too much debt for Chapter 13. It keeps you in the driver’s seat of your financial affairs by allowing you to act as your own trustee while you deal with your creditors. Our firm is one of the few bankruptcy firms on the Mississippi Gulf Coast with experience in Chapter 11. We offer a free consultation
to determine if this option is right for you or your business.