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Stephen R. Harris

Attorney and Counselor at Law
Northern Nevada Bankruptcy Attorney for over 35 years
Free initial consultation to discuss your bankruptcy options.

AVVO Rating
Stephen R. Harris, Esq.
Bankruptcy Attorney
6151 Lakeside Drive
Suite 2100
Reno, NV 89511
775-786-7600
or
775-690-9120

Nevada Bar #001463
Chapter 11 Bankruptcy

The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation or partnership or an individual which has debt that exceeds the Chapter 13 threshold. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.) A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy.

Chapter 11 provides a court supervised opportunity to reorganize your business affairs including repayment of secured and unsecured creditors over a three to five year period at the actual current market rate of interest. It also provides for a forced acceptance on secured and unsecured creditors'repayment plans.
AVVO Rating
Stephen R. Harris, Esq.
Bankruptcy Attorney
6151 Lakeside Drive
Suite 2100
Reno, NV 89511
775-786-7600
or
775-690-9120

Nevada Bar #001463    steve@harrislawreno.com