When companies file for Chapter 11 bankruptcy, they are able to take advantage of a number of bankruptcy provisions. For instance, Chapter 11 protection can allow a business owner to keep many business assets. 

By keeping these assets, a business owner can continue business operations. Also, Chapter 11 facilitates continuing business operations by allowing business owners to retain control of their business, cash flows, and revenues. 

If your business is considering filing for Chapter 11 bankruptcy protection, contact the Austin Chapter 11 lawyers of Slater Kennon LLP, at 512-338-1100.