Chapter 11 Bankruptcy

Chapter 11 bankruptcy, often termed “business reorganization,” is a powerful tool for businesses and certain individuals facing financial challenges. At Martin Law Group, we help clients through Chapter 11 bankruptcy, providing experienced guidance and representation to clients in Virginia and across the DC Metro Area.

What is Chapter 11 Bankruptcy?

Chapter 11 bankruptcy under the U.S. Bankruptcy Code offers businesses and select individuals the opportunity to restructure debts, reduce obligations, and modify payment terms. It allows businesses to continue operating while addressing financial difficulties and seeking a fresh start.

Our services in this practice area include:

Comprehensive Evaluation

We conduct a thorough assessment of our clients' financial situations, exploring alternatives to bankruptcy and advising on the feasibility of Chapter 11 reorganization.

Management and Representation

Our attorneys advise business debtors and management throughout the Chapter 11 process, ensuring compliance with legal requirements and addressing potential challenges.

Plan Negotiation

We negotiate Chapter 11 plan details, working to create viable repayment plans and secure court approval for reorganization efforts.

Litigation and Asset Management

Our team handles litigation related to avoidance actions, guides clients in asset sales or purchases, and helps make financing arrangements for debtors-in-possession.

Corporate Restructuring

We offer strategic guidance on corporate restructuring, helping companies navigate complex legal frameworks and optimize financial outcomes.

Benefits of Chapter 11 Bankruptcy:

Continued Operation: Chapter 11 allows businesses to remain operational during the reorganization process, preserving jobs and sustaining business activities.
Debt Restructuring: Debtors can negotiate manageable payment plans and seek relief from burdensome contracts or obligations, leading to improved financial stability.
Legal Protection: Filing for Chapter 11 triggers an automatic stay, halting creditor actions and providing a structured framework for debt resolution.
Asset Protection: Companies can sell assets without liens, release specific leases, and gain extended payout periods, facilitating smoother financial restructuring.

Why Choose Martin Law Group?

With over four decades of experience handling complex bankruptcy cases, our firm has the experience necessary to navigate Chapter 11 proceedings successfully. We offer personalized attention, sophisticated legal strategies, and a commitment to achieving the best outcomes for our clients.