Chapter 11 Bankruptcy
Connecticut Chapter 11 Attorney
If you have heard that to declare bankruptcy is to put the final nail in the coffin of your business, think again. At Attorney Joseph J. D'Agostino, Jr., LLC in Wallingford, Connecticut, we have been helping businesses throughout the state find debt relief and achieve stability through business reorganization.
If you would like to take advantage of the opportunity to put an immediate stop to the hounding of creditors and maintain control of your business, contact our firm to schedule a free initial consultation. We maintain flexible hours and have offices in Wallingford and Stratford. Call 203-377-9994.
What Are the Advantages of Filing for Chapter 11?
- When you file for Chapter 11, you obtain instant debt relief. This is accomplished through what is known as an automatic stay. Once this goes into effect, business creditors can no longer make attempts to collect their debt.
- Business reorganization allows you to work with the courts on a manageable repayment plan that will stabilize your business in the long run and help you chart a course for financial strength.
- You are able to continue to run your business as you work on paying off business debts.
Are There Any Disadvantages?
- The biggest downside to filing for Chapter 11 bankruptcy is the fact that the work you perform with the trustee’s office to devise and carry out a repayment plan is a lot of work. However, the rewards of economic stability and an end to the harassment of creditors far outweigh any disadvantage.
Choose the law firm that is committed to helping you achieve your business goals of financial stability. At Attorney Joseph J. D'Agostino, Jr., LLC, we can help you obtain the debt relief you need. If you would like to meet with bankruptcy lawyer Joseph D'Agostino, please contact our firm today. Call us toll-free at 203-377-9994.