Hendricks County - Chapter 11
Chapter 11 Hendricks County
FILING FOR CHAPTER 11 BUSINESS BANKRUPTCY IN HENDRICKS COUNTY, IN
Do you own a small business, limited liability company (LLC), corporation, or other business in Hendricks County, Indiana? Are you struggling to pay your vendors, make your loan and lease payments, and meet your other financial obligations while maintaining profitability? Rough economic times have been hard on Hendricks County businesses of all sizes, but Chapter 11 bankruptcy may give you the opportunity to reorganize your business and find relief from your debts.
Serving large and small businesses in Brownsburg, Avon, Plainfield, Pittsboro, Danville, and other communities throughout Hendricks County, Indiana the business bankruptcy attorneys of Saeed & Little LLP, have the experience to help your business through these trying financial times.
Is Chapter 11 bankruptcy right for my business?
Chapter 11 bankruptcy gives your business an opportunity to restructure, rather than simply shutting down. Many creditors prefer that a business file for Chapter 11 bankruptcy, because a successful reorganization plan will ensure that creditors get more than they would if your business simply liquidated its assets and closed its doors. A knowledgeable business bankruptcy lawyer will review your business' finances and help you determine whether Chapter 11 bankruptcy is your best option, and help you make informed decisions throughout the bankruptcy process.
Developing a reorganization plan
When your business files for Chapter 11 bankruptcy in the state of Indiana, you'll have four months of exclusive rights to the restructuring plan as a debtor in possession (DIP). During this time, you can continue all normal business operations.
Major actions such as selling assets, acquiring real estate, expanding operations, and other transactions that might have a considerable effect on your bankruptcy filing will need court approval while you are in Chapter 11 bankruptcy. But as you work with your bankruptcy attorney to propose a reorganization plan that will satisfy your creditors and the bankruptcy courts, your business can continue operating as usual.
At Saeed & Little LLP, we understand that your business represents years of hard work, major investments, and your piece of the American dream. There is hope for struggling businesses in Hendricks County, IN. Speak to one of our knowledgeable business bankruptcy lawyers about finding debt relief through Chapter 11 bankruptcy.
Contact us today
To speak to one of our experienced Indiana Chapter 11 bankruptcy attorneys, contact the offices of Saeed & Little LLP, at 317-685-2426. We're ready to get to work for your Hendricks County business.
