What are all the steps in a standard consumer chapter 7 bankruptcy?
17 Steps to Filing Chapter 7 Consumer Bankruptcy To help [...]
When is a Chapter 7 the best choice for the company / shareholder / owners?
A Chapter 7, whether for the individual or a corporation, [...]
What kind of challenges are faced in a partnership bankruptcy?
In a partnership’s Chapter 7 case, the trustee can sue [...]
Is the business one that the owners could start up again after a liquidation of the current business?
Businesses that require little capital, have few assets, or are [...]
Does management have the resources & desire to engage in the reorganization process?
Bankruptcy reorganization in Chapter 11 requires significant time on the [...]
What are possible pitfalls for management?
The company’s owners and officers need to know when [...]
Type of entity: Is the business a corporation, partnership or proprietorship?
Corporations and partnerships are legal entities separate from their shareholders [...]
In a bankruptcy, are my out-of-state debts discharged?
Yes. Bankruptcy is a federal proceeding, and the bankruptcy court [...]
It is possible to have a discharge revoked.
For a variety of circumstances, your discharge may be revoked. [...]
In a Chapter 13 bankruptcy what obligations aren’t discharged?
Recognize that the law in this area is always changing. [...]
