What Is Chapter 11? Chapter 11 bankruptcy is commonly known as the “business reorganization” bankruptcy. Though chapter 11 is most often …
Out of Court Workout vs. Bankruptcy
When you are facing serious financial difficulties, should you engage in discussions with your creditors to try to work out a repayment …
Understanding Bankruptcy: Chapter 7 versus Chapter 11
Article 1, section 8 of the United States Constitution authorizes Congress to enact "uniform Laws on the subject of Bankruptcies…. "Under …