Chapter 11 Bankruptcy What is a Chapter 11 Bankruptcy? Chapter 11 is known as the reorganization chapter of the bankruptcy code because it permits a debtor to reorganize financial obligations while retaining assets, which may…
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Chapter 9 Bankruptcy What is a Chapter 9 Bankruptcy? A lesser recognized chapter of bankruptcy that is particularly designed for “municipalities,” which includes counties, taxing districts, cities, towns, municipal utilities, and school districts. Under chapter…
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Chapter 7 Bankruptcy What is a Chapter 7 Bankruptcy? A Chapter 7 Bankruptcy is a legal action making your possessions (called assets) available to creditors (to whom you owe money) in exchange for eliminating your…
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