Salvaging Your Business Through Chapter 11 Bankruptcy

Your company's debts and financial troubles have reached a tipping point, but you believe there are better days ahead and the enterprise is worth saving. Chapter 11 bankruptcy can be that lifeline. It offers a reprieve from creditor actions while you reorganize and restructure. The key is getting your creditors on board with the plan.

Three Decades of Bankruptcy Experience

Houston Roderman in Fort Lauderdale has counseled businesses in Broward County and South Florida for over three decades. For the first 15 years of my practice, I primarily represented debtor businesses in Chapter 11 reorganizations. I have successfully guided many clients from the brink of insolvency to prosperity.

I have also helped clients solve debt troubles through workouts and bankruptcy alternatives. My focus is on what makes the most business sense for your unique circumstances.

Chapter 11 Reorganization Process

Filing under Chapter 11 of the U.S. Bankruptcy Code invokes an automatic stay. This temporarily halts:

• Collection actions
• Repossessions
• Foreclosures
• Judgment enforcement (with exceptions)

The stay provides time to reorganize and present a repayment plan to creditors, typically offering a prorated percentage of debts owed.

Our Bankruptcy Expertise

I can help you:

• Craft a confirmable reorganization plan that works for your business and creditors
• Restructure your company and raise capital if needed
• Handle traditional Chapter 11, Subchapter V, and small business bankruptcies
• Prepare all required filings (assets, liabilities, cash flow, tax returns, etc.)
• Navigate the entire process, including Section 341 hearings
• Represent you in bankruptcy litigation (relief from stay, fraudulent conveyance, preference payments)

Is Chapter 11 Right For You?

Chapter 11 bankruptcy may be your best option. Let's evaluate your situation and determine the right next steps. Houston Roderman provides comprehensive business consulting for all financial situations.

For a free initial consultation, call my Fort Lauderdale office at (954) 900-2615 or contact me online.