Chapter 11 Bankruptcy and Financial Workouts
Jason Hendren has represented numerous North Carolina companies and individuals experiencing financial difficulty. Jason carefully examines each case to provide his clients with a variety of solutions to their problems, including out-of-court workouts, business litigation, and Chapter 11 Bankruptcy. Jason has handled Chapter 11 bankruptcy cases for clients across Eastern North Carolina including Raleigh, Wilson, Greenville, Wilmington, New Bern, Wake Forest, Rocky Mount and Elizabeth City.
Chapter 11 Reorganization
The purpose of Chapter 11 is to provide Companies with the opportunity to restructure their creditor relationships in a manner that allows them to continue successful business operations. Chapter 11 is also available to certain individuals who wish to retain their assets and pay their creditors over time.
Chapter 11 Bankruptcy can be filed in one of three federal districts in the State of North Carolina.
The United States Bankruptcy Court for the Eastern District of North Carolina covers the following counties:
| Beaufort | Dare | Johnston | Perquimans |
|---|---|---|---|
| Bertie | Duplin | Jones | Pitt |
| Bladen | Edgecombe | Lenoir | Robeson |
| Brunswick | Franklin | Martin | Sampson |
| Camden | Gates | Nash | Tyrrell |
| Carteret | Granville | New Hanover | Vance |
| Chowan | Greene | Northampton | Wake |
| Columbus | Halifax | Onslow | Warren |
| Craven | Harnett | Pamlico | Washington |
| Cumberland | Hertford | Pasquotank | Wayne |
| Currituck | Hyde | Pender | Wilson |
Jason Hendren and his staff have represented numerous businesses and individuals in Chapter 11 bankruptcy cases throughout the Eastern District of North Carolina.