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For individuals:
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For individuals who have suffered exceptional economic
difficulties, bankruptcy offers a fresh start while dealing fairly with
creditors. Individuals may file for relief from creditors under: Chapter
7, Chapter 13, Chapter 12 (for family farmers), and
even under Chapter 11.
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For businesses, bankruptcy offers a period of relief from
creditors' claims while reorganizing the business into a profitable enterprise.
When reorganization is not reasonably possible, bankruptcy offers a fair and
orderly way of liquidating the business entity.
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Our firm assists both individuals and businesses deal with
financial problems, either through informal workouts or
bankruptcy.
Proposed Amendments to Title 11, United States
Code (Bankruptcy) - circa March 2001
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Congress is considering significant changes to the bankruptcy
laws. Current information on pending bankruptcy legislation can be viewed on the
American
Bankruptcy Institute site.
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Bankruptcy Research on the Internet:
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INFORMATION LINKS
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 Chapter 7 versus 13: The
Differences between Chapter 7 & 13 Differences
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| For more advice on this subject, contact us today for an Appointment
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