• Skip to main content
  • Skip to primary sidebar
Chapter 11 Small Business Reorganization

North Charleston, SC : 843-529-9000   Columbia, SC: 843-451-5000    Myrtle Beach, SC :843-445-6300

  • Home
  • Attorneys
    • Robert R. Meredith, Jr.
    • Elizabeth R. Heilig
    • Jacob A. Flowers
  • Bankruptcy Services
    • Chapter 7
    • Chapter 11
    • Chapter 13
    • Foreclosures
    • Student Loan Debt
  • Office Locations
    • Columbia, SC
    • Myrtle Beach, SC
    • North Charleston, SC
  • About US
    • Firm Overview
    • Bankruptcy Law Overview
  • Free Consultation

Chapter 11

Chapter 11 Small Business Reorganization

Chapter 11 reorganization is a strategy to keep a business operating and deal with your creditors through a payment plan approved by the U.S. Bankruptcy Court. Our firm only represents small, local businesses under Chapter 11.
In order to be successful under Chapter 11, the business must have sufficient revenue to continue operations. The major limitation of this type of reorganization is when a business is not generating enough top-line revenue to fund ongoing operations and some debt service. If there is not enough top-line revenue, then mathematically the model is unsustainable and a liquidation under Chapter 7 is the proper remedy.
Chapter 11 cases vary in their character and complexity based on the nature of the business, its legal structure and the amount and types of debt owed by the entity. We will meet with you to determine if Chapter 11 is appropriate and map out a strategy to successfully emerge from a bankruptcy reorganization as an ongoing venture.

Please remember that this is a very basic description of bankruptcy law and not legal advice. We can discuss your situation in detail during a free, confidential consultation with an attorney who will explain how bankruptcy law fits your specific situation. Contact us today at www.meredithlawfirm.com to schedule an appointment at your convenience. We are a debt relief agency.

  • Free Consultation

    We have appointments available in person, telephonically, or by video conference.
    • Disclaimer | Privacy Policy
  • About Us

    We are a Debt Relief Agency. Bankruptcy is not a scary and overwhelming process when you understand your options and the protections provided to you under the law. At Meredith Law Firm, we are here to help and provide a solution that brings hope, security, and a bright future.

    Schedule a free consultation with us and to begin the recovery process. We have appointments available in person, telephonically, or by video conference.

    Free Consultation

    Bankruptcy Forms

    • New Client Intake Sheet
    • New Client Individual Forms
    • New Client Business Intake
    • New Client Business Forms

    Quick links

    • About us
    • Chapter 7
    • Chapter 11
    • Chapter 13
    • Privacy Policy

    Connect with us

    We are a debt relief agency. Robert R. Meredith, Jr. is responsible for all advertising content.

    Copyright © 2021 | Meredith Law Firm, LLC

    powerd by Sweetgrass Marketing