A Chapter 11 bankruptcy is a powerful tool that businesses can use to obtain debt relief, re-structure their operations and regain financial viability. The decision to choose such a path must be made carefully and with full consideration of all legal, financial and business issues.
Stephen Johnson has practiced bankruptcy law for over 30 years. During that time, he has successfully handled a number of Chapter 11 bankruptcies involving businesses in the Lincoln, Rocklin, Roseville, Sacramento, Redding, Chico, Colfax, Truckee, Nevada, Yolo, Shasta, Tehama, and Amador area and beyond.
Mr. Johnson and his staff have the experience and knowledge needed to handle your Chapter 11 bankruptcy. From negotiating with lenders to reduce and re-structure mortgage debts to negotiating offers-in-compromise for outstanding tax obligations with the IRS and California State Board of Equalization, Stephen Johnson has a reputation for honesty and integrity among bankruptcy trustees and will work to resolve your Chapter 11 bankruptcy in a manner favorable to your interests.
Even if they qualify for Chapter 11, many small business owners may be better off filing an individual (consumer) Chapter 13 or Chapter 7 Bankruptcy rather than under Chapter 11. Others may be forced to use an individual Chapter 7 Bankruptcy based on their total assets and debts.
Typically, an individual Chapter 13 or Chapter 7 Bankruptcy will cost much less than a Chapter 11. In many cases, you will be able to keep your equipment and tools of your trade while obtaining debt relief as you continue to operate your business. The Bankruptcy Law Offices of Stephen Johnson will recommend the right solution for you, and work diligently to obtain maximum debt relief while allowing you to retain as many assets as possible.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
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