Understanding Business Bankruptcy

Florida Business Bankruptcy Lawyer

What Is Chapter 11 Bankruptcy?

Chapter 11 bankruptcy allows businesses to reorganize their debts and restructure their finances during a time of financial hardship while still staying in operation. My name is Barbara Cusumano, and in my 20+ years as a North Florida bankruptcy lawyer, I have been able to help thousands of clients around the state discharge tens of millions of dollars in debt.

Why Choose My Chapter 11 Bankruptcy Firm?

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If you are the owner of a struggling business in Gainesville, Lake City or the surrounding communities, I can help you consider your debt relief options and work toward a solution that gives you the opportunity to regroup and make your business stronger and better than ever.

Call (352) 379-2828 for your free, confidential case evaluation.

Put simply, Chapter 11 is a form of bankruptcy outlined in the U.S. Bankruptcy Code that is typically utilized by corporations, small businesses, and — in some rare cases — private individuals who are struggling to pay off heavy debt loads. Well-known companies including K-Mart, United Airlines, and General Motors have all filed bankruptcy under Chapter 11. This plan allows the business to submit a plan for post-bankruptcy viability. It could include innovative sources of income or cost reductions.

The reorganization plan, if approved by a bankruptcy court judge, effectively buys the business time to rebuild while discharging certain debts.

Call Barbara Cusumano, Attorney at Law Today!

As a Gainesville bankruptcy attorney, I understand the process involved in filing for Chapter 11 bankruptcy and the laws that affect your business bankruptcy. Together, we can work toward the goal of paying off your company's debt while keeping your doors open and rebuilding your business!

If you have questions about this bankruptcy chapter and whether or not it is the right solution for your company, I can help you assess your options and work with you toward a solution that enables you to achieve the best possible chance of restoring your company's profitability while recovering after a tough financial blow.

Call my Florida bankruptcy law firm today to set up a meeting at one of my North Florida offices. Everyone deserves a fresh start. Let's talk about how to achieve yours.

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