Debt Reorganization – Albuquerque, NM
If you’re thinking about filing for business bankruptcy, contact the experienced attorneys at the Law Office of George “Dave” Giddens, P.C. first. With years of experience practicing bankruptcy law, our attorneys can help you decide whether or not Chapter 11 credit reorganization is right for your business. Contact us to set up a consultation with a bankruptcy attorney in New Mexico.
Think of Chapter 11 bankruptcy as a fresh start, one in which you are free to continue with the day-to-day operation of your business. Also known as reorganization, Chapter 11 bankruptcy restructures your debt without forcing you to liquidate your assets.
The Reorganization Plan
Our bankruptcy attorneys will help you come up with a reorganization plan. A Chapter 11 filing requires you to draft a reorganization plan that discloses your assets and debts, and outlines how and when you will pay your creditors. Once we help you write your plan, we help you through the process of getting it approved by your creditors and the Bankruptcy Court.
Typically, you have three to five years to pay off your debt under Chapter 11 credit reorganization. Aside from the reorganization plan, your petition includes several documents that take careful planning to organize and file correctly. The best way to ensure that your petition and reorganization plan are accepted by the court is to speak with a bankruptcy attorney about your case.
When choosing an attorney to assist your credit reorganization, you need one with experience and ability. Giddens Law is rated AV by peer review legal service Martindale-Hubbell®, the highest possible rating for ethics, integrity and professional ability. Contact us to speak with one of our debt lawyers today.
For comprehensive legal services in the areas of commercial and consumer bankruptcy, business litigation, real estate foreclosures (lenders or borrowers) and more, contact us at (505) 916-8358 or toll-free at (877) 913-4892 today to speak with one of our attorneys in Albuquerque, NM.
The Firm is a debt relief agency that helps people file for bankruptcy under the bankruptcy code.