Benefits Of Bankruptcy

2020-02-03T13:09:58+00:00August 30th, 2012|

The following are the main advantages to filing a Bankruptcy: 1. Discharge of Debts. No matter what chapter of the Bankruptcy Code a debtor may file under, the goal would be to obtain a discharge. A discharge makes some of the debtors [...]

Chapter 11 Bankruptcy — Who Is Eligible?

2023-11-14T21:04:38+00:00August 28th, 2012|

Under Chapter 11 Bankruptcy, a debtor continues his business operations while at the same time reorganizing its financial affairs. Any person or entity eligible to file a chapter 7 Bankruptcy would also be eligible to file a chapter 11. This includes individuals, partnerships [...]

An Overview Of Chapter 11 Bankruptcy

2021-03-11T21:57:05+00:00August 23rd, 2012|

A Chapter 11 Bankruptcy usually allows a debtor to continue business operations while attempting to reorganize the debtors debts at the same time. This makes headlines when an organizations such as Crystal Cathedral, United Airlines, Lehman Brothers or General Motors files for [...]

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