Kansas City Attorney Explains Using Chapter 11 for Business Bankruptcy Chapter 11 business bankruptcy is form of debt restructuring intended to help businesses falling behind on payments and potentially facing legal action. As business bankruptcy attorney Bradley D. McCormack explains in this video, Chapter 11 reorganization can help businesses with serious debt or impending foreclosure find ways to satisfy their creditors. If your company is dealing with overwhelming debt, Chapter 11 business bankruptcy may help your business restructure certain debts in addition to getting rid of others. This reorganization of your debt can result in a brighter financial future for your business with less business debt. Call our Kansas City business bankruptcy attorneys to get started with a free phone consultation. Video Transcription This bankruptcy option is the Chapter 11 reorganization structure. It’s the type that has made a lot of news recently. GM and Chrysler have used those functions. It’s an ability for a…
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