San Antonio Chapter 11 Bankruptcy Attorneys

Before the real estate bubble burst, many businesses took out balloon payment mortgages. With this type of mortgage, they expected to have their mortgage paid off or refinanced when the balloon payment came due five or seven years later. However, the recession and falling real estate values are forcing many businesses into foreclosure on commercial property. Unable to refinance, many businesses that would otherwise be successful are finding themselves unable to make the final payment.


This is just one example out of many situations that can create debt problems for a business. If your business is in need of debt relief, from a balloon mortgage or other form of debt, we can help you. The Smeberg Law Firm is dedicated to helping businesses find cost-effective solutions to their debt problems. Contact us to discuss your options and develop a custom solution with a San Antonio Chapter 11 bankruptcy lawyer at our firm.

Chapter 11 Bankruptcy Process


Often, reorganizing your business and finances can put your business on the path to financial health. Chapter 11 bankruptcy, also known as reorganization, is a debt solution for business owners who have debt problems and for high net worth individuals who do not qualify for Chapter 13.


Before filing for Chapter 11, however, it is important to understand the process and how it can impact your business. After filing for Chapter 11, you are not allowed to conduct business or spend money without court permission; this includes paying wages, buying supplies and paying vendors. Within a day or two of filing, we will be able to seek permission from the court, but during those couple of days you will not be able to conduct business.


We can represent you at the hearing and get you started working toward a reorganization plan. Once you have fully disclosed your finances and your reorganization plan is approved, you will no longer need court permission to conduct business.

Real Estate Foreclosures and Chapter 11

Just as with Chapter 7 or Chapter 13, filing for Chapter 11 bankruptcy places an automatic stay on your debts. This means that the bank cannot foreclose and cannot pursue collections actions against you during bankruptcy. The bankruptcy process then affords you the opportunity to work with your bank in order to determine if you are eligible for a modification of your loan.


Banks often prefer businesses to seek modifications through Chapter 11 because the lender is afforded certain protections through the bankruptcy court should you fail to pay your loan. For example, the bank can take the property if you fail to pay. There is no guarantee that your bank will agree to a cram down of your loan, reduce your principal or change your loan terms, but we will work diligently to help you get the debt relief you need through every available means.

Contact Our San Antonio Lawyers Handling Corporate Bankruptcy Throughout Texas


To speak with a Texas attorney about your business reorganization and debt relief options, contact us. In a free, no-obligation consultation, we will provide you with the advice you need to make informed decisions about the future of your business.

Need more details? Contact us


The Smeberg Law Firm, PLLC

111 W. Sunset 

San Antonio, Texas 78209

(Consultation by appointment only)

Phone: 210-695-6684

Fax: 210-598-7357

San Antonio Law Office Map 


Located in San Antonio, Texas, the Smeberg Law Firm, PLLC, represents clients throughout Texas, including the cities of Helotes, Boerne, Grey Forest, Hondo, Leon Valley, New Braunfels, Bandera, Medina, Pipe Creek, Seguin and Pleasanton, as well as Bexar County, Bandera County, Comal County, Kendall County and Medina County.

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