Filing for Chapter 11 Bankruptcy in Portland?
Protect Your Financial Future with a Chapter 11 Filing
If you look at your company's heavy debt burdens and wish you could reorganize them to make repayment easier, Chapter 11 bankruptcy may be a viable option. Many people think that Chapter 11 is only for businesses, but individuals can take advantage of this when filing for bankruptcy in Oregon as well.
What Is the Purpose of Chapter 11 Bankruptcy?
The primary purpose of Chapter 11 is to protect ongoing operations from collapse. If debt payments or debt collection efforts are causing a business to struggle, that organization may be interested in Chapter 11 bankruptcy. An individual who will lose significant equity to repossession or foreclosure is also a good candidate for this petition.
To begin a Chapter 11 bankruptcy filing, contact a skilled Portland lawyer from Vanden Bos & Chapman, LLP. We can work with you to help you prepare for filing and help you avoid actions that could damage your case.
Debts and debt collection do not have to spell the end of your business or the loss of significant assets. Contact Vanden Bos & Chapman, LLP online or at (503) 664-3134 for a consultation with one of our skilled Chapter 11 attorneys.
Who Qualifies for Chapter 11 Bankruptcy?
How Chapter 11 Eligibility Is Determined
Just about anyone is able to file for Chapter 11 bankruptcy.
- Joint Ventures
- Limited liability companies
- And partnerships
Under Chapter 11, there are no debt or income requirements or limitations for filing. For more questions regarding Chapter 11 eligibility, reach out to our experienced team today.
How To Choose a Chapter 11 Bankruptcy Attorney
There are many bankruptcy attorneys, but not all of them are right for your Chapter 11 filing. There are a variety of factors that go into choosing which qualified lawyer you should choose.
Some things to consider when choosing a Chapter 11 bankruptcy attorney include:
- Experience. You want to choose someone who has developed the skills needed to navigate a variety of cases successfully.
- Respected. Choose an attorney who has an excellent reputation in the community and has earned the respect of other professionals.
- Accessibility. If you cannot reach your lawyer when you need to, he or she will not be much help. Choose someone you can communicate with easily.
- Able to Handle Complex Cases. Even if your filing is simple, having someone who can handle complexity means that your attorney will be better able to handle problems that arise.
Trusted Guidance for Small Businesses & Individuals
At Vanden Bos & Chapman, LLP, we have been helping clients since 1981. We have won awards and accolades for our exceptional legal representation and counsel.
When you call us, you will usually be able to speak to an attorney right away. We have experience in complex individual bankruptcy filings, which other attorneys often refer to us.
Our attorneys also have experience in:
Don’t leave your bankruptcy filing to chance. Work with the skilled Portland Chapter 11 lawyers at Vanden Bos & Chapman, LLP. For an appointment, contact us today at (503) 664-3134.