When you exceed the personal debt limits for Chapter 13, or you own a small business that is profitable but dealing with troublesome debts and aggressive creditors, you will want to consider filing a Chapter 11 bankruptcy. Contact AP Law Group, PLC to figure out if Chapter 11 is right for you.
A Chapter 11 bankruptcy is significantly more expensive to undertake than any other chapter, so you want an experienced attorney to evaluate your personal or business finances very carefully before proceeding.
Is Chapter 11 Bankruptcy right for you? Here are a few reasons why Chapter 11 might be a better fit for your financial situation: