Individuals may seek debt relief by filing a petition for chapter 11 bankruptcy. People in business may also file for chapter 11 bankruptcy. In addition, corporations and partnerships may also file for chapter 11. Typically, chapter 11 bankruptcy is used by businesses to reorganize their debt, so that they may repay their creditors with a
There are quite a few types of bankruptcy to choose from. In the USA, they are referred to as chapters. The name comes from the book of bankruptcy rules that people have to follow if they wish to go bankrupt. The different chapters apply to different people, businesses and entities, so here is a run
Chapter 13 bankruptcy is covered in detail in this article, chapter 11 bankruptcy is covered, and this article touches on chapter 7 bankruptcy because it is related if you are an individual who is opting for bankruptcy. This article is suitable for individuals running a business, and the second half of the article is also suitable
In this article you will find out how to file for bankruptcy. You start by filing a petition with the bankruptcy court, and your bankruptcy case begins. If you want to jump right to it without reading this article, then start with electronic filing here. If you would like to learn a little more before
If you have a high amount of debt and you are starting to worry that you will be in debt all the way up to retirement, you may like to consider your options. This article covers a series of very serious but effective options you have. It covers consolidation loans, and it covers the use
Seniors are prone to facing a lot of money issues, especially for those who do not have a large amount of retirement savings. There is an increasing number of seniors filing for bankruptcy throughout the United States. In fact, individuals 55 and older are filing for bankruptcy 12% more then they did 13 years ago.