About Our Chapter 11 Bankruptcy Practice

gavel deskChapter 11 bankruptcy is typically used by businesses, but it can be used for small business owners or specific individuals. Chapter 11 allows the restructuring of debts so that they can be repaid over time. When filing Chapter 11 bankruptcy, the business can remain active while repaying creditors.

In this type of filing, the debtor will have a set time frame to develop a reorganization plan and determine when each creditor will be repaid. Unlike Chapter 13, Chapter 11 has no limit on the amount of debt that is restricted. That is why it is used by large corporations and businesses that need to handle a great deal of debt.

Don't take chances with your second chance. Speak to one of our experienced Bankruptcy Attorneys today.

Assessing Your Debt

What is Your Debt Amount?

Bankruptcy is a legal lifeline for people and businesses struggling with debt through a complex court process that can reduce or eliminate certain kinds of debt.

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From Our Blog

When Can an HOA File a Lien in Maryland?

When Can an HOA File a Lien in Maryland: What to Know

HOA liens can seriously impact your home ownership, potentially leading to foreclosure. Learn when an HOA can file a lien in Maryland and discover the steps you can take to address and resolve these liens effectively.
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Chapter 11 Bankruptcy

Chapter 11 Bankruptcy

A chapter 11 bankruptcy is the most complex chapter of bankruptcy, but it is also the most flexible.
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All Practice Areas

Don't own a business and are thinking about bankruptcy for you or your family?

Steiner Law Group has helped many individuals and families through the Chapter 7 and Chapter 13 bankruptcy process. Learn More


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