Arizona Chapter 11 Bankruptcy
A Chapter 11 bankruptcy allows you to adjust your debts without an immediate liquidation of assets. Both individuals and businesses are eligible for Chapter 11 bankruptcy. For some, a Chapter 11 bankruptcy will be the only available relief.
If you are facing the possibility of losing your life’s work or you’re unable to provide jobs to your employees, we understand that you may be experiencing a great deal of stress. Seeking help from a bankruptcy attorney in Arizona can help ease the pressure of insurmountable debt, relieve the sting of creditor phone calls, and give you hope for a secure future.
If you can relate to any of the following criteria, Chapter 11 bankruptcy may be right for you:
- Individuals with above-median income and debts above statutory limits
- Individuals with significant nonexempt assets and debts above statutory limits
- Entrepreneurs who operate as sole proprietors or own a business entity
- Corporations and other business entities which seek to remain in business rather than liquidate
To learn more about a Chapter 11 bankruptcy in Arizona, please visit our Understanding Chapter 11 page.