Chapter 11 Bankruptcy Attorneys New Jersey – We help in filing Bankruptcy as per Laws!

Chapter 11 is a chapter of the United States Bankruptcy Code. It is referred to as a “reorganization” bankruptcy. Chapter 11 is available to individuals, corporate, and partnerships. It is the typical bankruptcy choice for large businesses. However It has no limits on the amount of debt. Through this chapter, businesses can restructure their debt. Further, they can start operations again. Chapter 11 is the most flexible bankruptcy law. A chapter 11 attorney can help you file bankruptcy. Ask for free consultation!

Who can File Chapter 11 Bankruptcy?

When a business is unable to service its debt or pay its creditors, then business or its creditors can file this chapter. It is done with a federal bankruptcy court or protection under either Chapter 7 or Chapter 11. Contact us now so, we can give the right plan to you.

How to File Chapter 11 Bankruptcy?

A Chapter 11 case begins with the filing of a petition with the bankruptcy court serving the area where the debtor has a residence. For more information visits here.

Under Chapter 11, votes of creditors affirm a reorganization plan. Management may continue to run the business, but the bankruptcy court must approve all significant business decisions.

While declaring bankruptcy can be a difficult decision and can seem like you’re facing a complicated process; our experienced chapter 11 attorney is here to help. We have a team of bankruptcy lawyers who can file Chapter 11 bankruptcy for you. As a result, you will be able to reorganize your business and make a new plan for operating your business going forward. Call for a free consultation to discuss your situation. So we can make a plan that is right for you.

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Written Disclosure Statement

Generally, a written disclosure statement and a plan of reorganization must be filed with the court. The disclosure statement is a document that must contain information concerning the assets, liabilities, and business affairs of the debtor sufficient to enable a creditor to make an informed judgment about the debtor’s plan of reorganization. The contents of the plan must include a classification of claims and must specify how each class of claims will be treated under the plan.

Stay of Creditor Actions

As with cases under other chapters of the Bankruptcy Code, a stay of creditor actions against the chapter 11 debtor automatically goes into effect when the bankruptcy petition is filed. The automatic stay provides a period of time in which all judgments, collection activities, foreclosures, and repossessions of property are suspended and may not be pursued by the creditors on any debt or claim that arose before the filing of the bankruptcy petition. The stay provides a breathing spell for the debtor, during which negotiations can take place to try to resolve the difficulties in the debtor’s financial situation.

Creditors’ Committees

Kimberly Owens

16:32 25 Apr 19

Paul Riviere did an outstanding job of representing me in my Tort Claim. Communication was excellent, my questions and concerns were answered and he was always ready to assist when needed. He really fought for me to get the settlement I needed and deserved. I highly recommend this attorney.

Don Crosby

18:37 23 Apr 19

My family used Attorney Paul Riviere for some legal issues. Paul did a great job representing us. Whenever we called Paul, when we had questions, Paul always returned our calls with the answers. We were very satisfied with Mr. Riviere's work. We will definitely use Mr. Riviere again.

Joey Sylvester

13:08 23 Apr 19

Paul is great! He helped me even after his paid duties were completed. Thank you Paul!

June Hosford

15:02 15 Apr 19

I hired Paul to represent my daughter in a partnership dispute. Although he was very good in the beginning negotiating a fair settlement, he has failed to help her in executing the terms of the contract. He has basically told us she can pursue payment due her in small claims court . He was paid a very hefty retainer which he has almost all exhausted. I feel like he has abandoned her without helping to enforce the settlement he helped navigate. She is still without payment due her which he never followed up on. Im sure he will expect more payment for that . I am disappointed in his lack of helping to enforce a vital part of this agreement .

Joy Valente

00:47 05 Feb 17

I've been extremely taken aback by the acrimonious demeanor I've read, in the reviews, regarding The law firm of Riviere Cresci & Singer but specifically Mr, Paul Riviere. Esq. I first became acquainted with Mr. Riviere after I suffered an automobile accident. I had the pleasure of meeting with Mr. Riveire, along with other perspective attorney's, while looking for representation. After meeting with Mr. Reviere I knew instantly that he was the man I was going to hire. Mr. Riviere proved to be the right choice not only from his business acumen but his personal interest as well in my health and welfare. I would highly recommend this firm and Mr. Reviere if you are looking for an established firm with a history of excellent client-attorney interaction.

Mariel Valencia

22:09 13 Jan 17

Jonathan Singer was simply the best atty. I will deff recommend his firm without a doubt.

Michelle Pizzimenti

00:50 25 Oct 16

I had the pleasure of working with Paul Riviere and Jonathan Singer over the past few months. Paul and Jonathan were both always very knowledgeable, professional and timely when communicating with me and when communicating directly with the courts. I would highly recommend Paul Riviere and Jonathan Singer to anyone seeking legal services. Thank you, again!!

Lauren Greenberg

14:48 20 Oct 16

Paul worked on a tax assessment case for my husband and I. Our town assessed our house and as a result our taxes were due to increase. Paul was excellent and time efficient. He fought our town to have the house re-assessed and as a result our taxes did not increase and we got are due for a refund from the township. Thanks so much for a job well done!

matthew o'bryan

18:40 03 Oct 16

Paul worked on an expongment case for me that I thought would never go thru. Paul was very professional and really helped direct me to what I needed to do in order for him to get the job done. I can't thank him enough for his hard work. I recommend Paul to anyone for any case that they would need a lawyer for.