Primer on the Two Types of Bankruptcy Protection

Gerald Lawrence Wolfe

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Bankruptcy Attorney

Contributor Level 12

Posted about 4 years ago. 1 helpful vote


This short video will educate the viewer on the two different types of bankruptcy protection. The first is liquidation and the second is reorganization.

Enjoy the video. I believe in education leading to action.

Attorney Gerald Wolfe

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Law Office of Gerald Wolfe

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Bankruptcy liquidation

Liquidation is the selling of a debtor's assets during bankruptcy proceedings, with the money from the sale of assets used to pay back creditors.

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