Chapter 11 bankruptcy offers individuals and businesses a structured way to reorganize significant debt while maintaining control of their assets and operations. It is designed for cases that require more flexibility than Chapter 13 and more protection than Chapter 7, making it a valuable option for high-debt households, business owners, and individuals with complex financial portfolios. With experienced legal support, Chapter 11 can provide stability, time, and a clear plan for long-term financial recovery.
Chapter 11 focuses on restructuring and reorganizing debt through a detailed repayment strategy approved by the court. This chapter allows individuals or businesses to remain in control of their finances while adjusting terms with creditors, catching up on secured debts, and restoring financial order.
Chapter 11 can help manage:
Because of its flexibility, Chapter 11 is often used by business owners or individuals with substantial assets who need a personalized financial plan.
Unlike Chapter 7 or Chapter 13, Chapter 11 does not have strict income or debt limits. It is available to:
During your consultation, the firm evaluates your financial structure, goals, and long-term needs to determine whether Chapter 11 is the most effective approach.
Although Chapter 11 involves a more detailed process than other chapters, clients are guided through each step with clarity and consistent communication. This includes:
Attorney Ronald B. Greene and Attorney James Carmon bring decades of experience handling complex bankruptcy matters for both individuals and businesses. Their approach ensures clients fully understand their options, remain protected during the restructuring process, and receive guidance tailored to their financial goals.
Clients can expect:
Chapter 11 is a significant undertaking, and this firm is committed to helping clients complete the process successfully.
Chapter 11 bankruptcy representation is available throughout:
With office locations in Lanham, Centreville, and Crofton, support is always close by.