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Are there alternatives to filing a Chapter 11?

April 26, 2017Alternatives chapter 11 filing

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Are there alternatives to filing a Chapter 11?

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Yes. Today’s lenders do not want to foreclose on your property unless they have to. Planning and communication is important. Many lenders will allow the company to do an out-of-court “work out”. It is best to consult with an experienced bankruptcy attorney to review your opinions.