Corporate Bankruptcy Attorneys Serving Western Michigan
Many businesses that need to file for bankruptcy can file for a Chapter 11 debt reorganization plan. Chapter 11 is designed to permit companies to reorganize their businesses and try to become profitable. Under Chapter 11, the company can keep many of its assets and remain in operation while it works its way out of debt, under the supervision of the bankruptcy court.
Companies that file under Chapter 7 must stop operating and go out of business. In a Chapter 7 case, a trustee is appointed to liquidate the companies' assets and the money is used to pay creditors.
You may contact us by phone at 616-364-2100 or by e-mail.
We are a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code.
