Chapter 11

Filing for Chapter 11 Bankruptcy in West Memphis

Arkansas Business Bankruptcy Attorney

If you are a business owner be confronting a dire financial predicament, you are not alone. Given our current volatile economy, many businesses, both large and small, are wondering if they can keep their company afloat. A default from one of your customers, an unexpected decline in revenue, or overly optimistic expansion projects can leave you wading in a sea of debt that threatens the livelihood of your business.

Thankfully, Chapter 11 bankruptcy provides the means to satisfy your creditors and keep your business in operation. Also known as a rehabilitation bankruptcy, Chapter 11 allows you to reorganize your debt to a manageable level. It can provide the much need financial breathing room you need to get your business out of the red and into the black.

At DeLoache Law Office, we have assisted thousands of individuals and businesses alleviate their financial burdens and successfully emerge from their mountains of debt. With nearly 25 years of experience, our dedicated West Memphis bankruptcy attorneys can deliver the insightful guidance your company needs to regain its financial stability.

Restructure your business with the help of our West Memphis bankruptcy lawyers.

Chapter 11 provides you many options to restore your business back to profitability. Once your petition is filed, your creditors are immediately put on notice to halt any and all collection activities. Then, with the help of a skilled lawyer, you can construct a debt reorganization plan to present to the bankruptcy court. A trustee supervises the enacting of the approved plan until all provisions are satisfied.

Under a reorganization bankruptcy, you may be able to:

  • Restructure the terms of your unsecured debt
  • Renegotiate or cancel leases and contracts that are no longer beneficial to your business
  • Cram down loan payments on company vehicles and equipment
  • Reorganize outstanding tax obligations

From negotiating with your creditors, obtaining confirmation of your proposed plan, to the distribution of your liquidated assets, DeLoache Law Office offers the supportive and diligent representation required to obtain the debt relief your business needs. Our experienced West Memphis bankruptcy lawyers can deliver the strategic counsel and assertive advocacy your company can rely upon throughout every stage of your process.

Call (870) 890-2749 today to obtain the dedicated counsel your business deserves!

As business owners ourselves, we understand your company is much more than a financial venture, it's your life. At DeLoache Law Office, we have devoted our practice exclusively to matters of bankruptcy. You can rest assured your company's future is placed in the hands of highly experienced counsel fully abreast of all current laws and regulations.

Declaring Chapter 11 bankruptcy is a complex process, full of pitfalls for those who may not have in-depth knowledge of the intricacies and nuances involved. Our dedicated West Memphis business bankruptcy attorneys can deliver the astute advocacy your business needs to safeguard its operations and rebuild its financial strength.

Contact our firm today to request a confidential case evaluation.

Begin Moving Forward Today

Get in Touch