Written by attorney Jason Burgess, about 3 years ago.
Restructoring Unsecured Debt Chapter 11 bankruptcy allows businesses to restructure unsecured debt. This means a business may only have to pay a fraction of their actual debt back to creditors and ca
1 person found this Legal Guide helpful
Written by attorney Jason Burgess, over 3 years ago.
Lowering of Loan Balance and Interest Rate Chapter 11 allows real estate investors to lower loan balances to the current market value of the real property and to restructure that loan over a new term
2 people found this Legal Guide helpful