Chapter 11 Bankruptcy Attorney in Greenwood
Debt Relief for Your Business
If your business is no longer profitable because of unmanageable debt, it may feel like you are sinking in the deep end alone. You might be considering whether to attempt an application for Chapter 11 bankruptcy, but the process itself seems complex and overwhelming. The Law Office of Matthew M. Cree, LLC is here to tell you that you do not need to have any anxieties about filing Chapter 11, so long as you have an experienced attorney by your side.
With over a decade of experience, our empathetic and knowledgeable lawyer is prepared to address all your concerns. When you contact our law office, we can begin with a free consultation, where we can explain every step of the process so you know exactly what is ahead of you. We can also help you understand Subchapter 5, which has made the Chapter 11 process faster and less costly for qualified small businesses.
Call us today at (317) 830-5993 to speak with our Chapter 11 bankruptcy attorney in Greenwood. We can help you find the solid ground you have been looking for.
What Is Chapter 11 Bankruptcy?
Unfortunately, many businesses face times of financial uncertainty and hardship. If your business has failed to make a profit over the past several months or years, one option for relief is Chapter 11 bankruptcy. This form of bankruptcy restructures debt into a manageable repayment plan. Chapter 11 has helped many business owners get out of debt and into a position of financial security.
How Chapter 11 Can Benefit Your Company
Chapter 11 may allow you to:
- Restructure your debt into lower monthly payments
- Keep your business open as you pay your creditors over a set period
- Maintain your company’s reputation and clientele base
- Partially pay back your unsecured debts
- Lower the rates of high-interest loans
- Extend the payment of unsecured tax debts for up to five years
- Sell your property free and clear of liens and interests
- Cancel debt acceleration obligations for defaults
- Retain control of business operations while renegotiating debt payment
- Prevent debt collection activity and creditor harassment, due to the automatic stay
- Avoid lawsuits, bank levies, foreclosures, repossessions, and more
Successfully Fighting Bankruptcy Challenges
Having an experienced Greenwood bankruptcy attorney by your side can dramatically increase your chances of a successful reorganization. Unfortunately, there are times that creditors may challenge your proposition, claiming that you do not meet technical requirements, or that your projections are not realistic.
This is why it is critical to have the Law Office of Matthew M. Cree, LLC to help guide you. If your process does not immediately go as planned, we may be able to help you find room for relief through certain “cram-down” provisions. If there has been any discrimination or unfair demands made by your creditor, our attorney can help safeguard your rights.
I had a great experience with Matthew! He made the whole process simple.- Justin M.
Matt was professional, he handled everything.- Deanna B.
Attorney Cree made sure he explained everything making sure I understood.- Lisa L.
Mr. Matthew Cree is an AMAZING Attorney! He always answers your questions very promptly.- Kellie C.
Every time we had a question or concern he would get back to us that day.- Tyler H.