Meyers Law Group, P.C. also has extensive experience in representing individuals and companies with an interest in acquiring the assets or business of a company in financial distress. Often, although the willing buyer and insolvent seller wish to complete the sale, the oversized debt of the seller is an impediment to that completion because the fair value of the assets is exceeded by the debts that need to be satisfied. In those circumstances, a chapter 11 filing by the seller can facilitate the sale, either through a plan of reorganization or outright sale, by which the assets can be transferred free and clear of debt in certain circumstances. Meyers Law Group, P.C. can assist either the buyer or seller in assessing the feasibility of such a strategy.