The practice at Wernick Law focuses primarily on representation of businesses and individuals in Chapter 11 reorganization bankruptcy proceedings. Many of the firm’s clients originate from referrals by lawyers and other professionals. As an experienced, accomplished Chapter 11 bankruptcy attorney, Aaron Wernick welcomes inquiries and referrals from professionals with a business or individual client who may benefit from counsel and representation relating to Chapter 11 bankruptcy.

Advantages of Chapter 11 Bankruptcy

For a business or individual facing overwhelming debt, other significant financial distress, or time-consuming and financially-draining litigation, Chapter 11 bankruptcy provides a path to remaining in possession of property and assets and continuing business operations, while reorganizing and restructuring debt to reduce the overall financial burden. The process enables the business owner to focus on running their business rather than on the distracting legal and debt-related financial issues.

Although Chapter 11 is a complex, time-consuming, and costly process, it provides a cloak of protection against creditors and provides flexibility not available in other types of bankruptcy proceedings. Successful navigation of a Chapter 11 case requires highly skilled legal counsel and representation. For more than 15 years, Chapter 11 bankruptcy attorney Aaron Wernick has proven that he has the experience and ability to guide clients through the complex process.

Referral Sources

A multitude of different situations can lead to Chapter 11 bankruptcy. Insurmountable debt and complex debt issues are the most common reasons. Financial distress may arise due to litigation, burdensome contractual obligations such as lease disputes and franchise disagreements, family law situations, tax disputes, and other circumstances. Professionals who may identify potential Chapter 11 candidate while advising or representing a business or individual for other reasons include:

  • CPAs and accountants
  • Litigators
  • Divorce attorneys
  • Transactional lawyers
  • Lawyers handling intellectual property and securities matters

Chapter 11 bankruptcy attorney Aaron Wernick welcomes inquiries from other professionals, regardless of the circumstances. In all cases, Aaron respects the professional’s relationship with the prospective client and abides by the requirements of the Rules of Professional Conduct for referrals and co-counsel agreements.

Comprehensive Chapter 11 Representation

Chapter 11 bankruptcy attorney Aaron Wernick has secured reorganization plan confirmation in approximately 95% of his cases. This accomplishment is especially exceptional in the context of the generally reported nationwide approximately 15 to 20 percent confirmation rate in Chapter 11 cases. He is also certified by the American Board of Certification in business and consumer bankruptcy law and recognized by Chambers and Partners for bankruptcy and restructuring in the Florida Spotlight Guide for 2024.

Aaron welcomes referrals from professionals with a business, individual, or small business client who may benefit from Chapter 11. He also provides counsel and representation for Chapter 11 creditors’ committees.

In representing Chapter 11 clients, Aaron often handles related legal matters that are an important part of the bankruptcy situation, such as:

  • Department of Justice (DOJ)
  • Federal Trade Commission (FTC)issues
  • Internal Revenue Service (IRS) controversies, including income tax and payroll / withholding tax matters
  • Medicare billing claims
  • Florida Department of Revenue actions
  • Federal and Florida Fair Debt Collection issues
  • Disputes involving lenders, landlords, suppliers, and shareholders
  • Asset protection issues

These types of issues and others often create a financial situation in which a business or individual may benefit from initiating Chapter 11. As part of representation, Chapter 11 bankruptcy attorney Aaron Wernick resolves the related matters for the client. He also works with his clients post-bankruptcy in the area of asset protection, so that the value preserved or enhanced through the restructuring is protected going forward.

Additional Information and Inquiries

For more information about the Chapter 11 reorganization bankruptcy practice at Wernick Law, lawyers and other professionals may contact Chapter 11 bankruptcy attorney Aaron Wernick by calling 561-961-0922 or using the online contact form. Based in Boca Raton, Wernick Law serves clients in South Florida (including West Palm Beach, Broward County, and Miami), Southwestern Florida (including Naples and Fort Myers), Tampa, Orlando, Jacksonville, and elsewhere in the state.