Chapter 11 Bankruptcy Lawyer in Jacksonville FL
With over 30 years of experience and a 98% success rate, our lawyers have helped thousands of Florida residents and eliminated millions of dollars. If you want to get out of debt fast, contact us now!
In a hurry? Call us now at 904-432-1200
Filing business bankruptcy in Florida? Chapter 11 Bankruptcy Lawyer in Jacksonville FL, Robert C. Bruner and Trey Wright can help. Free consultation at 904.432.1200.
If you want to know where to find a professional Chapter 11 bankruptcy lawyer in Jacksonville FL, then you probably want to go somewhere you can count on. Bruner Wright P.A. has the experience needed to get you through what could be one of the most difficult financial periods of your life. We can help you navigate the intricate legal world of Chapter 11 bankruptcy.
What Is Chapter 11 Bankruptcy?
Chapter 11 bankruptcy enables companies (and in some cases, individuals) to restructure their debts. It is considered the most intricate form of bankruptcy. Selecting a team with extensive experience is essential for achieving success. Bruner Wright, P.A. boasts over 30 years of combined experience in the field. We can assess whether Chapter 11 is the appropriate choice for your business, and if it is, we will guide you through the process efficiently and seamlessly.
Who May File for Chapter 11?
Anyone who does not follow the following can file for Chapter 11 under the law:
- The government agency
- An estate
- Nonbusiness trust
- Stockbroker
- Commodity Broker
- Insurance Company
- Bank
- SBA-licensed Small Business Investment Company
An individual cannot file for Chapter 11 bankruptcy if they have had a previous bankruptcy dismissed within the last 180 days. Almost anyone, including individuals and businesses, who can cover the filing fees and expenses is eligible to utilize Chapter 11. Unsure about your eligibility? Get in touch with our Chapter 11 bankruptcy attorneys at Bruner Wright, P.A. today.
Debt Relief For Professionals and Businesses
Debt is not discriminatory. It can affect anyone. Everyone has different debt relief needs, from business owners to people with large assets. An attorney who is not only familiar with bankruptcy but also has a deep understanding of Chapter 11 of the federal Bankruptcy Code is necessary to properly file for bankruptcy and move through it.
Robert Bruner, Trey Wright, and their office are located in Tallahassee and Jacksonville Florida. However, they serve people throughout the 200-mile Panhandle area of Florida. Our lawyers have over 30 years of experience in business and personal bankruptcy. They can help professionals and businesses navigate the complicated maze of Chapter 11 bankruptcy reorganization.
The Chapter 11 Process in Jacksonville
As with all bankruptcy forms, Chapter 11 also initiates an automatic stay. This court order prohibits creditors or debt collectors from seizing your property or collecting your debts through any other means. The automatic stay remains in effect throughout your case, providing protection against creditors and debt collectors for a period ranging from six months to several years.
In Florida, Chapter 11 is typically the sole option for businesses. Chapter 7, on the other hand, is commonly employed to completely liquidate companies, and businesses do not receive the same debt discharge as consumers.
Take Control of Your Financial Situation
It is not a good idea to wait to see what happens with your debt. To schedule a complimentary initial consultation, call our law office at 850-385-03422 or complete our online form.
We are proud of our dedication to our clients as well as our availability. Bruner Wright will promptly respond to all your inquiries. We are always available 24 hours a day.
Bruner Wright P.A. is a debt relief agency. We help people file for bankruptcy relief according to the Bankruptcy Code. Consultations are always free. To schedule an appointment, contact us now!
Does Filing for Chapter 11 Eliminate Debt?
The debtor is forgiven his/her dischargeable debts once a Chapter 11 plan has been approved. The following will still be true even if you file for Chapter 11:
- Criminal Offence
- Divorce Payments/Debt
- Governmental agencies can bring debt to enforce the police authority.
Can a Business Survive Chapter 11 Bankruptcy?
Chapter 11 enables businesses to restructure their finances and operations without having to cease operations entirely. The automatic stay grants corporations the chance to settle debts, decrease financial obligations, and make necessary adjustments in their business.
In the past, smaller businesses did not enjoy the same advantages as larger corporations. Chapter 11 could be costly, and businesses with limited resources often struggled to afford it or navigate the process. This enables small businesses to reduce financial obligations without having to convert to Chapter 7 or liquidate their assets.
How Long Does Chapter 11 Take?
Chapter 11 bankruptcy is a legal process in the United States that allows businesses to reorganize their debts and continue operations while developing a plan to repay creditors. The duration of a Chapter 11 case can vary depending on various factors, including the size and complexity of the business, the number of creditors involved, and the efficiency of the bankruptcy process.
On average, a Chapter 11 bankruptcy for a business takes approximately 17 months to complete. During this period, the debtor works closely with their legal and financial advisors to develop a reorganization plan that outlines how they intend to repay their debts and regain financial stability. The plan typically includes proposals for debt restructuring, asset sales, cost-cutting measures, and other strategies to improve the business’s financial situation.
However, it’s important to recognize that large and complex Chapter 11 cases can extend well beyond the average timeframe. In some instances, these cases may take up to five years or even longer to reach a resolution. The complexity of the business, the number of creditors involved, and any legal disputes or challenges that arise during the process can contribute to the lengthier duration.
What Our Clients Say About Us
I had such a good experience with my case with this firm!! They are all very nice, reasonable and caring about your situation and super thorough. I filed a ch 7 in October 2018, was discharged in January 2019 (so fast only 3 months) bought my very first ever new car in March 2019.
This is the best law firm I have have ever worked with. They were very honest, professional, and responsive. Robert and Trey worked very hard to create a best case scenario for me. My case was complicated and required high level negotiations. In less than 4 months, I received the best possible outcome! They were a lifesaver for me!
Extremely knowledgable and experienced Bankruptcy attorneys who are compassionate and diligent for their clients. I have sent them many satisfied clients and will continue to do so because their fees are fair and their staff is top notch! A+ firm in my book.
Why Choose Bruner Wright
At Bruner Wright P.A., our team of experienced attorneys is dedicated to providing our clients with top-notch legal services. We understand that choosing the right law firm can be a difficult decision, and we want to help make that decision easier for you. Here are just a few reasons why you should choose Bruner Wright P.A. for your legal needs:
Expertise
Our team of attorneys has years of experience in a variety of practice areas, including bankruptcy law, business law, and real estate law. We have the knowledge and expertise necessary to provide you with the best possible legal representation.
Client Focus
At Bruner Wright P.A., our clients always come first. We understand that every client is unique, and we take the time to listen to your needs and concerns. Our attorneys work closely with each client to develop a personalized legal strategy tailored to your specific situation.
Attention to Detail
We believe that attention to detail is critical to achieving the best possible outcome for our clients. Our attorneys take a thorough and meticulous approach to every case, ensuring that no detail goes overlooked.
Commitment to Excellence
At Bruner Wright P.A., we are committed to excellence in everything we do. We strive to provide our clients with the highest quality legal services, and we are dedicated to achieving the best possible results for every client.
Accessibility
We understand that legal issues can be stressful and overwhelming. That’s why we make ourselves accessible to our clients and are always available to answer any questions or concerns you may have.
If you are in need of legal representation, don’t hesitate to contact Bruner Wright P.A. We are here to provide you with the expert legal services you need to achieve the best possible outcome for your case.
Contact Our Chapter 11 Bankruptcy Lawyers in Jacksonville
Our Chapter 11 bankruptcy attorneys will offer you more than just filing assistance and representation. With a combined 30 years of experience, our attorneys possess the expertise to assess your case from various perspectives and formulate a strategy that takes into account all potential implications. We provide comprehensive and fully tailored solutions to meet your specific needs.
At Bruner Wright P.A., we are dedicated to helping our clients achieve debt relief through bankruptcy. We will walk you through every step of the process and make sure that you know what to expect at each stage. We will also make sure that you get the most out of your case by doing everything possible to ensure that your debt is discharged as quickly as possible.
Bruner Wright P.A. offers free initial consultations with no obligation. Call us today or fill out our online form for more information about bankruptcy law and how it can help you live a better life going forward!
Service Areas
- Tallahassee
- Santa Rosa Beach
- Destin
- Panama City
- Florida Panhandle
- and more…
Ready to Get Out of Debt?
Our experienced business bankruptcy attorney in Florida is here to offer a FREE consultation for your case.