As an Oregon business owner, you may have been watching for the last few years as giants toppled. Seeing other businesses fail may strike fear into your own heart, especially if you have been struggling with your company's finances. Taking on more debt to keep your business going may have been a temporary fix, but now you are dealing with creditors who are impatient for what you owe them.
If you are struggling with these obligations, you may be looking for a solution that will allow you to deal with your debt effectively with the best chances of moving forward successfully. One path that other businesses have taken when they face overwhelming debt is to file for Chapter 11 bankruptcy. Before taking this step, you will want to obtain as much information as possible about how to qualify and what to expect from the process.