Chapter 11 Bankruptcy Lawyer

Boca Raton, Ft. Lauderdale & South Florida

In our current economy, traditionally strong businesses are struggling. Regardless of how it was acquired, mounting debt can threaten your company, and in some cases, your personal wealth. In situations where you have too many creditors for debt settlement but your business has sufficient prospects to continue once the pressure of debt is relieved, Chapter 11 bankruptcy may be a viable option.

Overview of Chapter 11 Bankruptcy

Chapter 11 bankruptcy, also known as “business reorganization bankruptcy,” was designed to leave a business with a viable course of action once the bankruptcy proceedings conclude. The process may be resolved in just a few months, depending on the size and complexity of the bankruptcy. Emerging from Chapter 11 requires you to create a Bankruptcy Plan of Reorganization, which identifies how outstanding debt is restructured, among other criteria. Once the plan is developed, a class of the creditors must approve the plan before it is confirmed by the bankruptcy courts.

A Chapter 11 bankruptcy filing includes an automatic stay that immediately freezes all claims against the company that predate the filing, stops all lawsuits against the company, and precludes creditors from exercising control over the company’s property.

Why Sidney Turner

• The bankruptcy court has broad discretion to manage the reorganization process, bankruptcy laws are complex, and filings are time consuming – making the quality of representation during proceedings very important. We’ve represented companies filing for Chapter 11 for more than 30 years and have acted as court appointed trustees in Chapter 11 filings – there are few lawyers and law firms with more bankruptcy experience than Sidney Turner.
• We have extensive experience as creditors' counsel and are prepared to provide powerful representation to financial institutions, commercial landlords, investors and other parties at risk of losses during the discharge or reduction of debt.
• Lastly, we know that filing for Chapter 11 bankruptcy isn’t the only option for businesses that have hit a few bumps in the road. We are experienced in debt settlements, business restructuring and other options to help your business not only survive, but thrive.

You’ve worked hard building your business. Seek pragmatic advice to keep your business and protect yourself. Call Bankruptcy Lawyer Sidney Turner at 561.208.6368.

Sidney Turner – Legal Insight, Business Strategy

Sidney Turner LLC offers Chapter 11 Bankruptcy, Business Restructuring, and Debt Workouts to corporations, small businesses and startups across South Florida including the Boca Raton, Coral Springs, Deerfield Beach, Ft. Lauderdale, Margate, Tamarac, Davie, Hollywood, Palm Beach County and Broward County.