Debt Reorganization for High Net-Worth Individuals
Although Chapter 11 bankruptcy is often thought of as an option for large corporations, it is also available for individuals and families that have accumulated significant personal debt. It may be an excellent option for high net-worth executives and professionals who have suddenly lost their income and are concerned about foreclosure of their homes or personal business assets.
Chapter 11 bankruptcy is a supervised debt restructuring option that allows you to save a significant amount of money by lowering your interest payments and avoiding late fees and penalties. It will also prevent foreclosure and repossession of personal property.
More Than Two Decades of Experience Handling Chapter 11 Proceedings
If you have personal debt obligations in excess of $1.1 million, the Law Offices of Sari K. Kurland can help. We will sit down together and analyze your complete financial situation. Together, we will develop a plan for restructuring your debt that will work for you, and will be acceptable to the bankruptcy courts that will oversee the plan.
Chapter 11 individual bankruptcy can:
- Immediately prevent home foreclosure actions from proceeding
- Stop repossession of professional and business assets in your name
- Save thousands of dollars on interest and fee payments
- Protect your financial and professional reputation
It's Not Too Late to Stop Collections Actions and Foreclosure Proceedings
I will immediately begin the process of placing a hold on pending foreclosure and collections actions that may already be in place. You have up to one day prior to your foreclosure hearing date to file.
Contact my office in Rockville, Maryland, to schedule a consultation — the right lawyer for right now.
