Individuals are not the only ones who experience financial hardship and need chapter 11 bankruptcy relief. Businesses and business owners do, too.
If you own a business in Havertown or in Delaware County and are financially struggling, talk to us. We are the Media Chapter 11 bankruptcy lawyers at The Law Office of Robert H. Holber, P.C.
Since our founding more than 20 years ago, we have helped businesses remain profitable while they are reorganized under a Chapter 11 bankruptcy. An added advantage we give our business clients is that we understand the other side of this equation, the bankruptcy court. Our founder, Robert H. Holber, also serves as a bankruptcy trustee.
Known as a business bankruptcy, chapter 11 bankruptcy gives you temporary relief from creditors while you continue to run your business. During the time you are temporarily out from under your creditors, you reorganize your business, creating a plan to pay them back.
After you create that plan, both the majority of your creditors and the bankruptcy court have to approve it. Once that has happened, both you and your creditors are bound by that agreement.
Under a chapter 11 bankruptcy, you can:
If you think a chapter 11 bankruptcy may be your answer, talk to one of the experienced bankruptcy attorneys at The Law Office of Robert H. Holber. Your initial consultation is free.
If you are financially struggling in your business, talk to us, the experienced chapter 11 bankruptcy at The Law Office of Robert H. Holber, P.C., in Media, Pennsylvania. Contact us online or call 610-572-3045.