Business reorganization bankruptcy for corporations, partnerships, and high-debt individuals. Find a verified Chapter 11 attorney near you — free consultations available.
Chapter 11 bankruptcy is a reorganization bankruptcy primarily used by businesses — corporations, partnerships, LLCs, and sole proprietors — as well as high-debt individuals who exceed Chapter 13 debt limits. It allows the debtor to remain in possession of assets and continue operating while developing a court-approved reorganization plan to restructure debts, renegotiate contracts and leases, and return to profitability. Chapter 11 is the most complex and expensive form of bankruptcy, but it can be the difference between a business surviving or closing permanently.
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The business or individual files a voluntary petition with the bankruptcy court, triggering an automatic stay on all collection activity.
In most cases, the existing management continues to operate the business as a 'debtor in possession' with court oversight.
A committee of unsecured creditors is formed to represent their interests and negotiate with the debtor.
The debtor proposes a plan to restructure debts, which may include renegotiating contracts, selling assets, or converting debt to equity.
Creditors vote on the plan and the court confirms it if it meets legal requirements and is feasible.
The confirmed plan is implemented, debts are restructured, and the business emerges from bankruptcy as a reorganized entity.
Aaron Harburg
Aaron Harburg at Office of the U.S. Trustee has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Lesley D Bohleber
Lesley D Bohleber has handled 2 federal bankruptcy cases including Chapter 11 in federal court. Currently active.
Jennifer L Neeleman
Jennifer L Neeleman has handled 3 federal bankruptcy cases including Chapter 11 in federal court. Currently active.
Paige Noelle Topper
Paige Noelle Topper at Saul Ewing LLP has handled 7 federal bankruptcy cases including Chapter 11 in federal court. Currently active.
Thomas W Stilley
Thomas W Stilley has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Bruce Scott Pollak
Bruce Scott Pollak has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Garrett Eggen
Garrett Eggen has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Susan S. Ford
Susan S. Ford has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Jonathan N. Edel
Jonathan N. Edel has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
J.B. Evans
J.B. Evans has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Richard J. Land
Richard J. Land has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
Maria Aprile Sawczuk
Maria Aprile Sawczuk at Goldstein & McClintock LLLP has handled 1 federal bankruptcy case including Chapter 11 in federal court. Currently active.
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