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Marjorie A. Guymon

Marjorie Guymon’s Legal Guides

3 total

  • Chapter 11 Bankruptcy - Reorganization Under The Bankruptcy Code

    How Chapter 11 Works Bankruptcy is commenced by the filing of a bankruptcy petition. Fed.R.Bankr.P. 1002. A petition may be a voluntary petition filed by the debtor or it may be an involuntary peti

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  • Chapter 13 - Individual Debt Adjustment Bankruptcy

    How Chapter 13 Works A Chapter 13 case begins with the filing of a petition with the bankruptcy court serving the area where the debtor resides. A husband and wife may file a joint petition or indiv

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  • Chapter 7 - Liquidation under the Bankruptcy Code

    Alternatives to Chapter 7 There are several alternatives to chapter 7 relief. Debtors who are engaged in business may prefer to remain in business and avoid liquidation. Such debtors should conside

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