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Chapter 11 Bankruptcy Attorney in Sunrise, Florida

Chapter 11 bankruptcy is generally used by businesses that have over $1 million in assets. These businesses must restructure the way they do business in order to address the issues that went wrong in the first place. Chapter 11 will prevent creditors from suing debtors. Simpson Law Group has more than 20 years of experience dealing with the issues of bankruptcy and finance. With our help, you may be able to solve your corporate debt problems and begin a healthier financial life.

Exciting News: The small business reorganization act passed making it much easier for small businesses to file a chapter 11 bankruptcy!

Helping Businesses Come to Terms With Financial Reality and Then Move On

Attorney Sherri B. Simpson has vast experience with business and corporate affairs as well as the use of Chapter 11 bankruptcy law and debt reorganization. She has managed companies in the superyacht industry; she has created offshore business plans and has helped set up and sell franchises and joint ventures. As a business owner herself, she remains on the cutting edge of the legal/business world, helping to create debt-free businesses.

Sherri has an exceptional ability to listen to people, review their financial situations, and reflect clear, achievable business solutions that will work. The word "failure" doesn't enter into the picture.

The biggest part of climbing the mountain of financial disaster is taking the first step. Working together, the Simpson Law Group is confident that you can experience financial health again.

Skilled Guidance for Your Situation

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Chapter 11 bankruptcy is a debt relief solution that is available to corporations and to individuals with significantly high income yet unmanageable debt obligations. Fort Lauderdale, Florida, Chapter 11 bankruptcy lawyer Sherri B. Simpson has an exceptional ability to listen to people, review their financial situations and reflect clear, achievable debt relief solutions that will work. The word "failure" doesn't enter into the picture.

The Simpson Law Group offers more than 20 years of experience practicing law, and over 15 years dealing with the issues of bankruptcy and finance. With our law firm's help, you may be able to solve your individual or corporate debt problems and begin a healthier financial life. Call us now at (954) 524-4141 or contact us through e-mail now for a free consultation.


Helping Businesses Overcome Insolvency Through Chapter 11 Corporate Bankruptcy

Chapter 11 bankruptcy is generally used by businesses that have over $1 million in assets. These businesses must restructure the way they do business in order to address the issues that went wrong in the first place. Chapter 11 will prevent asset seizures, collection litigation and other collection efforts by the business' creditors.

A Chapter 11 business bankruptcy requires a formal repayment plan to be submitted to the bankruptcy court and approved by creditors. The proposal must thoroughly address how the business plans to pay certain debts — such as tax liabilities and secured debts — and may involve partial discharge or reduction of unsecured debts. The business may also pursue renegotiation or cancellation of equipment leases, burdensome loans and other obligations as part of its Chapter 11 bankruptcy plan.

Experience Businesses and Professionals Can Count On

Attorney Sherri B. Simpson has vast experience with business and corporate affairs as well as the use of Chapter 11 bankruptcy law and debt reorganization. She has managed companies in the super yacht industry; she has created offshore business plans and has helped set up and sell franchises and joint ventures. As a business owner herself, she remains on the cutting edge of the legal/business world, helping to create debt-free businesses.


Florida Debt Reorganization Lawyer Advising Individuals With High Income

Many individuals who cannot obtain debt relief under Chapter 7 or Chapter 13 of the Bankruptcy Code may still be capable of obtaining relief through a Chapter 11 bankruptcy filing. While more commonly associated with business bankruptcy, Chapter 11 offers individuals with significant assets or income who also have unmanageable debt to reorganize their debt into a manageable three- to five-year repayment plan. Chapter 11 bankruptcy may be an appropriate debt relief solution for individuals who have a considerable amount of complex or business-related debt obligations, tax obligations, investment property obligations and other financial obligations.

Do you have a number of under-water investment properties? As an experienced bankruptcy attorney, Sherri B. Simpson recognizes that having a high income does not mean you are free from debt. Many people who come to our firm have multiple properties with upside-down mortgages, personally tied business debts and/or other massive expenses and debts that make it impossible to overcome. Our law firm has proven experience helping individuals with income in excess of $100,000 in obtaining peace of mind through Chapter 11 bankruptcy or other debt relief solutions for individuals with high income.

The biggest part of climbing the mountain of financial disaster is taking the first step. Working together, The Simpson Law Group is confident that you can experience financial health again.