Reorganization for Individuals
While Chapter 11 is typically used by businesses to reorganize, it may also be used by individuals whose debts exceed the limits of Chapter 13. INDEGLIA & ASSOCIATES has developed a keen understanding of the benefits of a Chapter 11 Proceeding For Individuals with high value assets. I&A has successfully reorganized individuals permitting them to retain their assets, while restructuring their ability to repay their debts and obtain credit to maintain the ability to conduct business.
This niche or expertise has resulted in several successfully confirmed plans where the issues were extensive and complex. The result however has been the continued viability of these individuals with limited trauma to their personal and professional careers.