25 Facts about Chapter 11

February 25 2011 by Jacquelyn Blackford in Bankruptcy |No Comments

What is Chapter 11? Chapter 11 is a chapter in the US Bankruptcy Code which aims to preserve the going concern value of a company. It contains various elements of UK administrations, Company Voluntary Arrangements (CVAs), schemes of arrangement and UK liquidations. By contrast Chapter 7 of the Bankruptcy Code is only concerned with liquidations.

Bankruptcy Questions

November 25 2009 by in Bankruptcy |1 Comment

Bankruptcy can be a scary and formidable event in our lives.  First of all, we probably all hope we never have to go through with it so we try not to pay any attention to it.  However, things happen in our lives and sometimes it is unavoidable.  When that happens, many times we are unprepared to [...]