For business owners who want to keep their doors open rather than liquidate in the face of unmanageable debt, Chapter 11 bankruptcy offers an opportunity to do so. Proceedings under Chapter 11 are “reorganization” bankruptcies that allow owners to maintain control, management and, operation of their business while restructuring their debts and other obligations.
The Chapter 11 bankruptcy lawyers at Ottenheimer Law Group work closely with businesses throughout Chicagoland to shepherd them through the process. No matter a company’s size, industry, or debt load, we help develop and implement realistic and prudent plans that provide them with needed breathing room and the opportunity to regain stability and return to profitability.
