Chapter 11 Bankruptcy

Chapter 11 bankruptcy allows a business, and in some cases an individual with debts exceeding Chapter 13 limits, to continue operating while reorganizing its debts under court supervision. Rather than shutting down, the business keeps running as a “debtor in possession” while a plan is developed to restructure what it owes. 

Mitchell St. Louis, P.A. guides businesses through Chapter 11 reorganization, working to keep operations running while negotiating a plan that creditors and the court will approve. 

What we handle:

• Preparing and filing Chapter 11 petitions for businesses
• Developing a plan of reorganization 
• Negotiating with creditors’ committees and secured lenders
• Managing debtor-in-possession financing and ongoing operations
• Rejecting or assuming burdensome contracts and leases 

Why it matters:

Without a reorganization option, many businesses facing serious debt would have no choice but to liquidate, losing jobs and years of built-up value. Chapter 11 gives a viable business a path to keep operating while it gets back on stable financial footing. 

Contact Mitchell St. Louis, P.A. today to schedule a consultation about Chapter 11 reorganization for your business.