{"id":37524,"date":"2023-03-25T10:48:54","date_gmt":"2023-03-25T17:48:54","guid":{"rendered":"https:\/\/pdxlegal.com\/?page_id=37524"},"modified":"2023-05-12T07:22:35","modified_gmt":"2023-05-12T14:22:35","slug":"chapter-11-eligibility","status":"publish","type":"page","link":"https:\/\/pdxlegal.com\/chapter-11-eligibility\/","title":{"rendered":"Are You Eligible for Chapter 11 Bankruptcy in Portland, OR?"},"content":{"rendered":"

Chapter 11 Bankruptcy Attorney in Oregon<\/span><\/h1>\n

Have you found yourself struggling to keep your business afloat despite financial difficulties? Are you eligible for Chapter 11 Bankruptcy but need help determining where to turn for help? Look no further than Michael D. O’Brien & Associates, P.C., the premier bankruptcy law firm in Oregon!<\/span><\/p>\n

Navigating the complexities of Chapter 11 bankruptcy can be a tiring, and intimidating task, but with over 30 years of experience, Michael D. O’Brien & Associates, P.C. can guide you through the process with confidence. As Portland’s top bankruptcy attorney, Michael D. O’Brien and his team understand the unique challenges facing businesses and are dedicated to providing personalized solutions tailored to each client’s specific needs.<\/span><\/p>\n

So if you’re facing financial struggles and considering filing for Chapter 11 bankruptcy in Portland, OR, turn to Michael D. O’Brien & Associates, P.C. to seek legal guidance you need to get back on track. Schedule a free consultation with our <\/span>Oregon bankruptcy attorney<\/span><\/a> today!<\/span><\/p>\n

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What is Chapter 11 Bankruptcy?<\/span><\/h2>\n

\u00a0<\/span>Chapter 11 bankruptcy is a legal process designed to allow businesses to restructure their debts and operations in order to continue operating while also repaying creditors. It is also commonly known as <\/span>“reorganization bankruptcy.”<\/b><\/p>\n

This type of bankruptcy is available to businesses that are struggling to pay off their debts but believe they can still operate profitably with some changes. Chapter 11 is often used by businesses with a high value of assets, such as real estate or intellectual property, that they wish to retain, but cannot afford to pay off their debts in a timely manner.<\/span><\/p>\n

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How Do I Know If I\u2019m Eligible to File for Chapter 11?\u00a0<\/span><\/h2>\n

If you’re considering filing for Chapter 11 bankruptcy, it’s important to understand the eligibility requirements. Here are some important points to consider:<\/span><\/p>\n