Business bankruptcy filing often make huge headlines and even bigger impacts in the financial markets. Chapter 11 bankruptcy allows a business to restructure its debt, often under new management, and emerge from bankruptcy with a better chance of staying profitable.
Filing Chapter 11 bankruptcy also offers businesses a rare opportunity to renegotiate contracts with vendors, clients and unions. If your business is at this financial crossroads, call Higson Cheney Mansfield, PC to see your options. We will be happy to meet with you and your partners and determine the best strategy to getting your company and/or organization back on track so you can get back to business as usual.