Chapter 11 bankruptcy is most commonly utilized by business entities such as corporations or partnerships to reorganize rather than liquidate under Chapter 7. A Chapter 11 may be an option for an individual if she has too much debt to file a Chapter 13. There are simpler procedures mandated for purposes of a small business being reorganized under Chapter 11. The biggest advantage to filing a Chapter 11 is that the business can continue to operate during the plan.
The attorneys at Lepant & Lentz are licensed to practice law in the State of Nebraska for both federal and state courts. The law office serves both the Lincoln and Omaha areas and many areas in the southeast portion of Nebraska. Dave and John meet with clients in our office in Lincoln, while John maintains a home office in Omaha. If Lincoln or Omaha is not convenient, Dave and John are happy to meet their clients and prospective clients at a different locale.