Woodland Hills Chapter 11 Bankruptcy Lawyer

Is My Business Right for Chapter 11 Bankruptcy?

If your business or personal finances are in serious trouble, you have options to restructure.

Chapter 11 bankruptcy is a debt relief process by which debtors eliminate or reduce debts and work towards regaining their financial health through court-approved reorganization plans.

The debtor, usually a business, files a petition in bankruptcy court scheduling its assets and debts, along with detailed financial statements.

"You can avert financial disaster through a Chapter 11 restructuring. We will help you relieve or reduce your debts and restructure your finances by using the Bankruptcy Code to your advantage. Call us, and your personal finances, organization or business will be instantly in good hands." - Attorney Michael H. Raichelson

The debtor usually maintains possession of its property and serves as its own bankruptcy trustee, known as a "debtor in possession," during the proceeding. Under limited circumstances, a bankruptcy court can appoint another party as trustee if a cause - such as mismanagement - is demonstrated.

West Hills Business Bankruptcy Attorney

Chapter 11 may be a costly process, and it is limited to those who have a lot of cash flow or assets but not much savings. A person or business entity that does not qualify for Chapter 7 or Chapter 13 bankruptcy could find Chapter 11 to be a valid option.

At The Law Offices of Michael H. Raichelson in Woodland Hills, California, we understand the panic that debt causes our clients. We solve their problems through Chapter 11 bankruptcy. Our experienced and competent California bankruptcy lawyer has the skill and competence to provide favorable results for our clients. For more information or a free consultation, contact us at 818-921-7306.

How We Will Help You — Van Nuys Business Reorganization

If you are seeking a small-business bankruptcy for a sole proprietorship or partnership or a large-business bankruptcy for a corporation under Chapter 11, we will help you in the following ways:

Evaluating whether Chapter 11 is best for you or your business
Preparing all filings and schedules prior to your bankruptcy petition
Negotiating with creditors regarding your debts
Drafting a Chapter 11 disclosure statement and reorganization plan
Providing representation at the meeting of creditors
Complying with the Office of the United States Trustee Guidelines
Securing a discharge of debts at the end of the bankruptcy process

Contact The Law Offices of Michael H. Raichelson — 818-921-7306

We don't just represent individuals and businesses with a wide variety of bankruptcy needs — we succeed in that representation.

Through a Chapter 11 bankruptcy process, we will relieve your debts, negotiate reductions in certain debts, strip liens or sell business assets as part of a financial restructuring — all with the aim of restoring financial health and viability to your personal finances, organization or business.

To speak with a Woodland Hills Chapter 11 bankruptcy attorney, contact us online today.

Spanish translation is available. Servicios de traducciones disponibles.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

I was in a really horrible place financially after the collapse of my business due to the economic recession. A friend referred me to the law offices of Michael Raichelson. At the very first meeting Mr. Raichelson put me at ease, assessed my situation and informed me that bankruptcy was the best option and told me he would guide me through the entire process. Everything went so smoothly and I'm so grateful to Michael and his staff for their support and successful resolution of my case. 'm now off to a brand new start and life! R.B
If you are going through a bankruptcy this is the attorney to use. He is a thorough, caring and most of all a patient attorney who knows how to get the job done with no surprises. I highly recommend him and would hire him again. N.K.
We are extremely satisfied with how Mike handled our case. After consulting with numerous lawyers about our bankruptcy filing, we picked Mike because he proposed a bankruptcy filing strategy for our situation that was most favorable to us than other's proposal. He is knowledgeable, professional, courteous, responsive and got the job done quickly. He completely looked after our best interest and delivered results as he had promised from the initial consultation.
S.P.
Manager, Employer Contracts
HNCA
When my husband became permanently disabled and unable to work any longer we were devastated. We had bills, like every American does, that were not going to be able to be paid with the loss of income. When I found out that I was going to be laid off from my job we didn't know what we were going to do. After speaking to an attorney locally I was very discouraged and didn't think we were going to have any hope at all with our bills. I then looked online and found Michael Raichelson. My husband and I went to speak with him and boy did he put our mind at ease. We left his office feeling that there was hope and a way out. He was the biggest help in making us feel assured that all was going to be okay. The process was fast and painless and I believe this was due to the professionalism and good work of Michael and his firm. We were blessed to have found Michael and even further blessed to get the help we needed.
K and J
To Whom it May Concern:
As clients of Michael H. Raichelson, my wife and I are extremely pleased to recommend his services.
When we first met Michael, our situation was pretty grim. Health problems, unemployment, and a drastic drop in the value of our house had turned our lives upside down. We just couldn't pay our bills.
Credit counseling and our research on the internet made it clear that bankruptcy was inevitable. What wasn't clear was what bankruptcy would mean for us. We felt like we were being pushed over the edge and would lose everything. Fortunately, that's when we were referred to Michael.
Michael understood what we were going through. Due to his experience with the court where we had to file and his knowledge of current, real-world conditions with creditors and banks, he was able to explain exactly what would happen and when. After our first meeting, we felt like a tremendous physical weight had been lifted from our shoulders. We felt like we were in control of our lives again.
Today, everything has unfolded just as Michael had told us it would. We are debt free and enjoying a fresh start. We strongly urge anyone faced with bankruptcy to have Michael help them as he has helped us.
Sincerely,
R.F.D

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The Law Offices of Michael H. Raichelson
6400 Canoga Avenue
Suite 352
Woodland Hills, CA 91367
Phone: 818-921-7306
Toll Free: 888-367-5012
Fax: 818-444-7776
Woodland Hills Law Office

The Law Offices of Michael H. Raichelson
1000 Town Center Dr.
Suite 300
Oxnard, CA 93036
Oxnard Law Office

SuperLawyers NACBA National Association of Consumer Bankruptcy Attorneys

The Law Offices of Michael H. Raichelson in Woodland Hills, California, serves bankruptcy clients in the San Fernando Valley (The Valley) region of Southern California, including Los Angeles, Burbank, Glendale, San Fernando, Hidden Hills, Calabasas, Encino, Sherman Oaks, Van Nuys, Ventura, Simi Valley, West Hills, Oak Park and Agoura Hills. We serve all communities in Los Angeles County and Ventura County.