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Filing for Bankruptcy Protection is not a choice to be taken lightly. Competent, experienced legal representation is a must to help explore your options in this complicated area of the law.
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Chapter 11 (Reorganization) Bankruptcy Cases
Chapter 11 is the main reorganization Chapter. Corporations, partnerships and individuals can be debtors in Chapter 11 cases, which makes Chapter 11 broader than Chapters 12 and 13, which are limited to certain types of individual debtors. Unlike in Chapter 7, where a trustee is always appointed, the debtor remains "in possession" in a Chapter 11 case unless the Court, on motion, orders appointment of a Chapter 11 trustee. In a Chapter 11 case the debtor or, within certain limits some other interested party such as a creditor or the Chapter 11 trustee proposes a plan to reorganize the debtor, and pay the debtor's debts over a period of time. Chapter 11 plans usually call for the debtor to reorganize and continue to operate, but they may also call for sale of the debtor's assets (liquidation plan). A disclosure statement explaining the plan and its risks must be approved by the court before votes for or against the plan may be solicited. Impaired classes of creditors vote on the plan. The Court then confirms or denies confirmation of the plan depending on substantive standards set forth in the Code.
Legal Representation our firm offers to our Clients includes:
- Preparing and filing the Chapter 11 bankruptcy petition, schedules, and other required pleadings.
- Preparing and filing the required Chapter 11 Disclosure Statement and Chapter 11 Plan.
- Representing the debtor at the "341a" and other meetings with the U.S. Trustee.
- Assisting the debtor with all financial reporting (operating reports and interim statements) required by the U.S. Trustee.
- Representing the debtor at all Bankruptcy Court hearings.
- There is no better "inside" experience than having a former "non-law" business owner for 10 years on your side - Put my experience to work representing your business in Chapter 11.
- Our rates compare favorably with those of other firms.
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Request more information with this Easy-to-Use, Secure Internet form:
Or contact us at:
Toll Free (866) 606-6125
Ph (304) 932-0691
Fax (304) 881-0292
E-mail: info@ronhatfieldlaw.com
This law firm has been designated as a "debt relief agency," helping people with relief under the Federal Bankruptcy Code.
HATFIELD LEGAL SERVICES Disclaimer: The information on federal bankruptcy law, filing bankruptcy in West Virginia, Chapter 7 bankruptcy, personal bankruptcy, Chapter 13 bankruptcy, Chapter 11 bankruptcy, business bankruptcy, credit card bankruptcy, and other bankruptcy legal information presented at this site does not constitute legal advice and does not create any attorney-client relationship or contract of any kind with Hatfield Legal Services or Ronald K. Hatfield, Esq.
Hatfield Legal Services uses a written contract for each bankrkuptcy client and will only be representing you in your West Virginia matter if you and the law firm sign a written legal representation contract and you pay Hatfield Legal Services for the bankruptcy legal services it performs for you. Information on this Hatfield Legal Services web site is provided for informational and educational purposes only. You should never make legal hiring decisions solely upon web pages, brochures, advertising or other promotional materials. Please contact Hatfield Legal Services for your free first consult to find out whether Hatfield Legal Services can represent you.
This web site might be characterized as an advertisement under West Virginia State Bar Rules and is not intended to solicit clients for matters outside of the State of West Vrginia. Always seek the advice of an attorney from your own jurisdiction before relying on information from this site or any web site.