Chapter 11

A Chapter 11 bankruptcy may benefit your business if it cannot pay its creditors and/or cannot effectively defend against multiple lawsuits, but could remain in business if given time to regroup and reorganize. As a Chapter 11 debtor in possession you remain in control of your business, which continues to operate through the bankruptcy case. You can reject and cancel leases and contracts, affect secured liens as in a Chapter 13, and object to claims, all while being protected by the automatic stay against most collection activity. The case culminates in the proposal, and in a successful case Court approval, of a Chapter 11 plan. As with the other forms of bankruptcy, Attorney Charmoy can help you determine whether a Chapter 11 is the right vehicle for you or for your company to discharge your debts.

Please contact Attorney Scott M. Charmoy at (203) 255-8100 to discuss your case.

Client Reviews

I used the professional legal services of Sheila Charmoy during my divorce proceedings. Sheila proved herself to be a strong advocate and excellent negotiator. She took the time to fully explain and research all my legal options and the end result was a fair and equitable solution. I would highly...


I hired Sheila Charmoy to sort out some post-judgment issues with my ex-husband. She is a conscientious, highly knowledgeable, experienced family attorney, who always responded to all my questions, concerns, emails and phone calls. She kept me updated on the status of my case, and was always well...


I had a challenging and different case where someone was declaring bankruptcy to avoid paying me. I needed an attorney who understood bankruptcy law and who would be sympathetic to helping me since I am a small woman owned business where a debtor was trying to hide behind bankruptcy protection to...

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