Commercial Bankruptcy Attorney in Olathe, Kansas
If your business is in financial trouble and you need to learn more about commercial bankruptcy, we encourage you to contact the law office of Weston R. Moore in Olathe, Kansas. We are pleased to discuss a variety of options that may be available to you, including Chapter 7 bankruptcy and Chapter 11 bankruptcy.
Our firm represents clients statewide throughout Kansas and Missouri in bankruptcy cases. To contact our firm for assistance, call 866-214-5863, or contact us by e-mail.
Chapter 11 Bankruptcy
Businesses that wish to file for bankruptcy may file for Chapter 7 bankruptcy or Chapter 11 bankruptcy. In a Chapter 7 bankruptcy, the business ceases operations. For business owners who wish to continue operation of their business, Chapter 11 may be the answer. In most Chapter 11 cases, the business owner is able to continue active control of their company under the supervision of a bankruptcy court judge.
Unlike Chapter 7 bankruptcy, which eliminates most debts and liquidates most assets, a Chapter 11 bankruptcy is more of a debt reorganization or restructuring mechanism. The goal is to provide business owners with a stay of continued collection efforts and an opportunity to manage debts in a more effective manner through a debt repayment plan approved by a bankruptcy court judge.
Contact the Law Office of Weston R. Moore
If your business is in financial trouble and you wish to learn more about Chapter 7 or Chapter 11 bankruptcy, contact the law office of Weston R. Moore. We are located in the city of Olathe in Johnson County, Kansas. To schedule a free consultation with an experienced bankruptcy lawyer today, call 866-214-5863.
