Trusted bankruptcy Attorneys Serving the Dallas-Fort Worth Metroplex.
When a business needs to focus on reorganizing their debts or selling certain or all of their assets, a Chapter 11 bankruptcy could be the right fit. Continuing to operate while restructuring instead of liquidating allows a business to halt collection efforts while negotiations and compromises are discussed and enacted.
Chapter 11 bankruptcy permits a business to follow a framework in order to achieve a more sustainable future after negotiations with creditors, including rejecting executory contracts and leases and capping damages. The Chapter 11 Plan provides a new contract with creditors to repay the businesses debts.
Driver Stephenson has over 40 years of practice helping businesses with Chapter 11 bankruptcies, keeping businesses focused on a better future. Driver Stephenson has represented clients in cases involving complex capital structures with multiple intercreditor issues.
Driver Stephenson has extensive experience in representing both debtor and creditor clients in many areas such as real estate, healthcare, hospitality, franchise, and retail spaces throughout Texas and nationwide.
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