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I would say a good candidate for chapter
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11 if you’re a business would be a
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business that’s a good business it’s
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operating it’s generating good cash flow
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but it happens to have some isolated
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problems for example maybe it has a
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burdensome
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lease that it just can’t get rid of and
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wants to break the lease that business
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can break the Lee Le in a chapter 11
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maybe it has some
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litigation uh that it has to deal with
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that is distracting it from its main
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core of business that can be taken care
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of in a chapter 11 so there’s various
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issues that a business may be dealing
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with that it’s usually a distraction
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from the main part of the business a
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good solid cash flowing business with
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some isolated problems are usually the
0:57
best candidates for chapter 11
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Boca Rotan, FL bankruptcy lawyer Aaron Wernick talks about who is a good candidate for Chapter 11.