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Chapter 11 Bankruptcy Attorneys
Considering using bankruptcy to save your business? We'll stop creditors in their tracks, restructure your finances, tackle personal guarantees, and get you back on track. Contact us for help with filing for Chapter 11 or Chapter 11 Subchapter V Bankruptcy.
Schedule a free consultationIs Your Business Struggling with Debt Payments?
File Chapter 11 To Keep Your Business Open
Chapter 11 bankruptcy might be exactly the solution you've been searching for to save your company, tackle personal guarantees, protect your personal credit and assets, and quickly restore your profitability. With Chapter Eleven bankruptcy, you can eliminate or restructure your debt while keeping your essential business assets and income safe. Your business remains operational while creditors are held at bay, giving you ample time to devise a new budget and 5-year plan to ensure your paycheck and achieve profitable targets.
Unlike other types of bankruptcy, the court appointed trustee does not take control of your business nor control your financial decisions. Instead, you remain in complete control, empowering you to make the decisions that are best for your company's future, while still having the benefits and guidance of professionals.
At The Lane Law Firm, we don't view bankruptcy as a "one-size-fits-all" solution. Instead, we offer tailored counsel and options based on your unique circumstances. If you are considering bankruptcy, we will create a customized plan to assist you in:
- Eliminating or reducing debts to MCAs, SBA, vendors, or any other party.
- Stopping lenders from harassing you or your customers.
- Resolving personal guarantees.
- Shielding your vehicles, equipment, and other assets from being seized.
- Restructuring the terms of your mission-critical assets.
- Resolving state or federal tax problems.
- Maintaining or regaining access to your bank or merchant accounts.
- Discharging "bad debt" to maximize profits.
Don’t let business debt or cash flow challenges destroy your livelihood.
Confidential consultations are FREE, so schedule yours today.
FREE Confidential CASE REVIEW
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Stop All Debt Collection & Lawsuits Against Your Business, Guaranteed
The Lane Law Firm is proud to offer our bankruptcy clients a 100% guarantee to stop all debt collection & creditor interference. To find out what other guarantees we can offer you, schedule a confidential case review.
Subchapter 5 Small Business Bankruptcy
If you are a small business owner, subchapter 5 bankruptcy may be the best option for you. Chapter 11 Subchapter V bankruptcy is a new, streamlined small business bankruptcy. It's designed to be faster, more accessible, and more affordable for small businesses and their owners. Subchapter 5 was added to the Chapter 11 Bankruptcy Code, by the Small Business Reorganization Act in 2019, in an effort to help small businesses restructure their debt while decreasing fees and saving time.
Benefits of Subchapter 5 bankruptcy:
- Significantly lower costs than a traditional Chapter 11 bankruptcy.
- Minimized the involvement of creditors in the bankruptcy process.
- Owners keep all equity and control.
Requirements for a Subchapter 5 bankruptcy:
- Under $3,024,725 in non-contingent debt.
- The business must be open and pursuing business activities.
- At least 50% of the debt must be business-related.
To find out if Subchapter 5 bankruptcy is the best option for you, schedule a free confidential consultation today!
Client Reviews
My business was struggling because of the large amount of MCA debt I had to take on to make it through COVID. The payments were overwhelming my ability to get out of the hole. The MCA collectors were acting like blood-sucking leaches using break-you-kneecap tactics. Lane help my business reorganize and get rid of those MCA vultures. They got nothing. Thank you!
- William Smathers, Dallas, TX
The entire staff at the Lane Law Firm was responsive, organized, and easy to work with on our matter. We achieved a very fair result in a relatively quick timeframe. The firm was able to take a stressful matter off our plates and achieve the expected results, faster than expected, and without the stress of trying to manage this matter ourselves.
- Timothy Daniel, The Woodlands, TX
In 2020 the year of the Pandemic it forced closure of my business which in turn forced me into bankruptcy. From start to finish the Lane Law Firm guided me through the painful process of starting over. First and foremost a very efficient, knowledgeable, and professional firm. Everyone that helped me throughout this process I say thank you. Last but not least Samantha was second to none. I cannot say thank you enough for all your hard work and questions answered. She is the best of the best. Thanks again to the Lane Law Firm in being the best with your standards of practice and professionalism.
- Richard Edwards, Onalaska, TX
I have to say that this is one of the most Professional Law Firm hands down. They’re very admirable in the whole process of what I personally needed them for. I highly recommend this Firm.
- Tommie Ward, Houston, TX
When my business was experiencing hardship, I took several MCA loans that I thought would help me back on my feet. It turns out they were just loan sharks. Lane helped me get out from under the MCAs and reorganize my business using Ch11 bankruptcy. I'm back to making money now. Plus I can answer my phone without fear that it's a thug debt collector.
- Richard Montgomery, Austin, TX
The Lane Law Firm helped us with our lawsuit they were very professional and curious, they explained our situation in terms I could understand, and we were to solve the situation very quickly. I do recommend the Lane Law Firm for all legal matters.
- Bennie Grayson, El Paso, TX
My business was struggling because of the large amount of MCA debt I had to take on to make it through COVID. The payments were overwhelming my ability to get out of the hole. The MCA collectors were acting like blood-sucking leaches using break-you-kneecap tactics. Lane help my business reorganize and get rid of those MCA vultures. They got nothing. Thank you!
- William Smathers, Dallas, TX
The entire staff at the Lane Law Firm was responsive, organized, and easy to work with on our matter. We achieved a very fair result in a relatively quick timeframe. The firm was able to take a stressful matter off our plates and achieve the expected results, faster than expected, and without the stress of trying to manage this matter ourselves.
- Timothy Daniel, The Woodlands, TX
In 2020 the year of the Pandemic it forced closure of my business which in turn forced me into bankruptcy. From start to finish the Lane Law Firm guided me through the painful process of starting over. First and foremost a very efficient, knowledgeable, and professional firm. Everyone that helped me throughout this process I say thank you. Last but not least Samantha was second to none. I cannot say thank you enough for all your hard work and questions answered. She is the best of the best. Thanks again to the Lane Law Firm in being the best with your standards of practice and professionalism.
- Richard Edwards, Onalaska, TX
I have to say that this is one of the most Professional Law Firm hands down. They’re very admirable in the whole process of what I personally needed them for. I highly recommend this Firm.
- Tommie Ward, Houston, TX
When my business was experiencing hardship, I took several MCA loans that I thought would help me back on my feet. It turns out they were just loan sharks. Lane helped me get out from under the MCAs and reorganize my business using Ch11 bankruptcy. I'm back to making money now. Plus I can answer my phone without fear that it's a thug debt collector.
- Richard Montgomery, Austin, TX
The Lane Law Firm helped us with our lawsuit they were very professional and curious, they explained our situation in terms I could understand, and we were to solve the situation very quickly. I do recommend the Lane Law Firm for all legal matters.
- Bennie Grayson, El Paso, TX
My business was struggling because of the large amount of MCA debt I had to take on to make it through COVID. The payments were overwhelming my ability to get out of the hole. The MCA collectors were acting like blood-sucking leaches using break-you-kneecap tactics. Lane help my business reorganize and get rid of those MCA vultures. They got nothing. Thank you!
- William Smathers, Dallas, TX
Client Victories
In 2022, we helped Texas business owners eliminate $18,132,763 in debt and free themselves from 418 personal guarantees.
Some clients have experienced the following:
- 100% Elimination of SBA debt
- 100% Elimination of MCA debt
- 100% Release from Personal Guarantees
- 97% Reduction in Overall Debt
View Real-Life Examples Of How Our Attorneys Help Businesses Achieve Victory Over Debt.
Achieve Victory Over Your Business Debt
Find out how The Lane Law Firm can help your business, just like we have helped many other Texas businesses. We'll examine your unique situation and design a customized plan to help get you and your business back on track. Schedule a free confidential consultation today!
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