Chapter 11 Lawyer in Cerritos

Counsel From a Client-Recommended Business Bankruptcy Attorney

If your business is struggling to keep up with payments and debts, and is facing the possibility of lawsuits and other problems, Chapter 11 bankruptcy may be the best option for you. It can give you protection from lawsuits while you work out a plan to handle your obligations. At the Law Office of Raymond J. Seo, we have 20 years of experience handling bankruptcy-related matters.

What You Can Expect from Working with Our Firm

An experienced Cerritos bankruptcy attorney with our firm will recommend the best course of action for your situation, whether that is bankruptcy or an alternative solution.

Our team of dedicated legal professionals will actively work to protect your rights and pursue the best possible outcome for you. You can go to this link to see some of our client testimonials.

The Benefits of Filing for Chapter 11 Bankruptcy

With Chapter 11, you continue to run your business under court supervision. You are protected from lawsuits, and you keep all of your assets. You propose a plan for restructuring financially and covering your debts to a committee of creditors for approval. If your plan is disapproved by a majority of the creditors, you may still submit your plan to the court for approval. You may petition to close the Chapter 11 and return to normal control of your business when you are back on track.

If you are dealing with only a few creditors, an alternative solution to bankruptcy might be your best option. However, when you have burdensome obligations and many creditors to satisfy, Chapter 11 could be your best course of action. Unlike some other firms, we are straight shooters who will always work to provide you with the best possible outcome.