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Atlanta Bankruptcy Attorney - http://danowitzlegal.com/practice-are.... In this video find out more information about 3 Favorable Considerations for Filing Chapter 11.

My name is Ed Danowitz, with the law firm of Danowitz and Associates.

People often ask me why should I file a chapter 11 case? Well, you should file a chapter 11 case if you have assets that you might lose to creditors or through a chapter 7 case.

One of the positive aspects of filing a chapter 11 case, is the moment you file a chapter 11 case an automatic stay prohibits any creditor from trying to collect, garnish, levy, or seize any of your assets. And if they violate that provision they can be sanctioned by the court. That is the single biggest weapon to filing a chapter 11, to stop your creditors from interfering with your business and your finances.

Learn more about Chapter 11 Bankruptcy here: https://www.youtube.com/watch?v=yHJH4...

Why should you file a chapter 11? If you have disputes with your creditors, you can usually bring those disputes to a user friendly forum to chat in the bankruptcy court, where your disputes can be resolved much less expensively than through civil litigation's and various jurisdictions.

Why should you file a chapter 11? You will continue to retain control over your business for a period of time and you will be given the opportunity to present a plan that your creditors can accept to take partial payment for what they're owed, or in some cases to pay your taxes, your secured creditors over terms that are more favourable to you.

Please call our attorneys at Danowitz and Associates so we can discuss your needs to see if chapter 11 bankruptcy is appropriate for you or your business.

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Out of control debt can slowly suffocate your business like a financial boa constrictor. When your business loses the ability to meet its financial obligations as they come due, filing for Chapter 11 bankruptcy might be your only option. Your creditors might even force you into Chapter 11 bankruptcy.

Fortunately, however, bankruptcy does not necessarily mean a death sentence for your business. Handled appropriately, a well-considered and well-executed bankruptcy can act as a pivotal event that restores your business to long-term prosperity. Nevertheless, bankruptcy can be a traumatic event that eats up your limited time and clouds your judgment. In these trying times, an experienced bankruptcy attorney can help you carefully evaluate your options and set clear goals for your business.

If you have questions the attorneys at Danowitz & Associates are here to help. Call 770-800-1115 or fill out the online form to schedule a consultation today.

NOTICE: You are not a client of this law firm and we do not represent you unless you have a signed attorney/client agreement with this law firm. No duties or privileged relationships are intended to be created by this communication where they do not otherwise exist. WE ARE A DESIGNATED DEBT RELIEF AGENCY, HELPING CONSUMERS FILE FOR DEBT RELIEF UNDER THE BANKRUPTCY CODE.

Danowitz & Associates P.C
300 Galleria Parkway, Suite 960, Atlanta, GA 30339
770-800-1115
http://danowitzlegal.com/
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