Chapter 11 Bankruptcy Attorney

Filing Chapter 11 Bankruptcy in Toledo or Northwest Ohio

Chapter 11 Bankruptcy – Toledo, Ohio

In Toledo, Chapter 11 bankruptcy proceedings are designed for businesses but can also be utilized by individuals. Chapter 11 bankruptcy cases are similar to a reorganization in Chapter 13, but Chapter 11’s are more flexible. Simply put, Chapter 11 is a reorganization of your financial affairs without borrowing any money. Immediately upon filing, the court will issue what is called an “automatic stay” against your creditors. The automatic stay gives you some breathing room to concentrate on getting back to profitability.

Reasons To File Chapter 11 Bankruptcy

There are many reasons to file Chapter 11. Chapter 11 can be the most beneficial move a business can make or in some situations it may be the only way to save a business.

Chapter 11 Bankruptcy can:

  1. Stop foreclosure on valuable property
  2. To cure tax debt over time
  3. Restructuring debt over a longer period of time to cut back immediate expenses
  4. STOP IRS seizures, tax levies, repossessions, and other creditor actions.

Don’t Wait Too Long

The biggest mistake most people make is that they wait too long to seek advice. You may be tempted to spend cash flow trying to catch up in hopes of avoiding filing bankruptcy. To make the most informed choice on what to do next, please set up a consultation with Bankruptcy Attorney Scott Ciolek at 419-740-5935.

Frequently Asked

Can I call for a free consultation?

Our law office offers a free initial consultation. Call us today to schedule yours.

What is Chapter 11?

Chapter 11 is the chapter of the Bankruptcy Code that permits a person or business to reorganize while obtaining protection from its creditors.


Chapter 7 Bankruptcy

Chapter 7 Bankruptcy provides one of the quickest ways to get a fresh start and stop the stress of creditor calls, garnishments, and lawsuits.

Chapter 13 Bankruptcy

Chapter 13 Bankruptcy offers property protection and debt discharge in exchange for a commitment to pay back all or a portion of your debts through a payment plan.

Image of a Single Family Home

Mortgage Modifications

Depending on the situation, it may be possible to negotiate modifications with your lender, resulting in a lower interest rate, a lower monthly payment, extending the length of the loan, etc. 

How Can We Help?


“We were extremely impressed with the quick response to all questions, calls and emails. Scott was very clear in explaining the process and treated us with the utmost respect.” - Ohio Client

Ciolek LTD.
901 Washington St.
Toledo, Ohio 43604
Ph: 419-740-5935
Fx: 866-890-0419