Utah Chapter 11 Bankruptcy Attorneys
Helping Utah Residents and Business Owners Find Debt Relief
Have you found yourself in the middle of tough financial times? Chapter 11 bankruptcy offers businesses and certain individuals the chance to effectively climb out of debt.
At Pearson Butler, our attorney team shares over 20 years of experience in helping clients through Chapter 11 bankruptcies. Having successfully handled thousands of bankruptcy cases throughout the state, we can discuss your financial situation to help you reach an informed decision about what type of debt relief is right for you.
Give us a call at (800) 265-2314 to speak with one of our experienced Utah Chapter 11 bankruptcy attorneys.
What Is Chapter 11 Bankruptcy?
Chapter 11 is a type of bankruptcy in which both business debt and individual debt are reorganized. That’s how it earned the moniker of “reorganization bankruptcy.” It is very similar to a Chapter 13 bankruptcy, as the debtor will pay back what they can afford of a debt through an affordable court-approved repayment plan.
The benefits of a Chapter 11 bankruptcy include, but are not limited to, the following:
- Creditors and debt collectors will be barred from contacting you;
- Property foreclosures and asset seizures will be stalled; and
- The amount you pay in a repayment plan will often be less than what you currently owe.
In essence, a Chapter 11 bankruptcy will allow you to take back control of your finances.
Find Out if Chapter 11 Can Help You
As a trusted debt relief agency, countless Utah residents turn to our team at Pearson Butler for help amid trying times.
Like any legal process, bankruptcy is complex and hard to navigate on your own. Let our Utah Chapter 11 bankruptcy lawyers guide you through the bankruptcy process. Not only can we conduct an audit of your current financial situation, but we can also expedite your journey back to financial independence.
Contact a Utah Chapter 11 bankruptcy lawyer online today to find out if you qualify for debt relief under the Bankruptcy Code. Your consultation is free!