Salem Oregon Bankruptcy Attorney
  • Rss
Call for a FREE Consultation
(503) 385-8888
  • Home
  • Attorney Profile
  • Practice Areas
    • Bankruptcy
      • Chapter 7
      • Chapter 13
      • Chapter 11
      • Chapter 12
      • Bankruptcy Process
      • Bankruptcy Litigation
    • Tax Defense
    • Foreclosure Defense
    • Consumer Law
      • Credit Reporting
      • Collection Harassment
      • Identity Theft
      • Consumer Litigation
  • Is Bankruptcy Right For You?
  • FAQs
  • Blog
  • Clients
  • Contact Us

Chapter 11

Before you file chapter 11 bankruptcy you should consider what other options are available. Sometimes we can work out your loans in a way that keeps you in business and allows you to continue to operate your business or avoid foreclosure. However, sometimes when all other options fail, you may need to file chapter 11.

Chapter 11 is more complicated than other types of bankruptcy. First, your bankruptcy plan is voted upon by your creditors. Second, when you file chapter 11 you have the duties and responsibilities of the trustee. This means you need to file monthly reports showing all income and expenditures, set up special bank accounts, and sometimes you need to change your accounting practices.
Chapter 11 can be an effective way for those who have too much debt to file chapter 12 or 13. Chapter 11 will stop foreclosure, repossession or other collection attempts and leave you in charge of how your finances will be managed.

stop creditor calls
Put a stop to the creditor calls. Retain us for as little as $100 and refer your creditors to us!

Legal Options

Chapter
7
Foreclosure
Defense
Chapter
13
Loan
Workouts
Chapter
11
Tax
Defense
Chapter
12
Consumer
Litigation
We will help you choose
your best option

Contact Us

Emails are checked constantly including nights, weekends and holidays.

  • This field is for validation purposes and should be left unchanged.

 

   

We are a debt relief agency. We help people file for bankruptcy.

Keith Karnes Law Offices, P.C., 2701 12th St. SE, Salem, Oregon 97302

Copyright © 2020 Karnes Law Offices, P.C.