Chapter 11 for Businesses

New changes in the bankruptcy code allow small business to file for Chapter 11 reorganization under Subchapter V which is a streamlined process.   Unlike the more cumbersome and expensive Chapter 11 for larger corporations, the new process is designed for small businesses.It is a reorganization to earn your way out of debt by paying only a percentage of what is owed to your unsecured creditors; break leases; and catch up on taxes and mortgage payments.

“I wanted to take an opportunity to say how professional and reassuring you have been with me on my mother’s case. You have returned calls promptly and have been very clear in explanations and laying out the next step.“

– Helen
“Peter Daigle and his staff were very professional and knowledgeable. They made me feel comfortable during a difficult time and followed through on each thing they said they would. I would highly recommend them.“

– Janet S
“I am so glad Attorney Daigle was the attorney to help me with the difficult decision to file Chapter 7. He was professional and competent, unlike some I saw at my hearing. The entire office staff was extremely helpful and available. I couldn't have made a better choice.”

– Mathew J

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