LEGAL GUIDE
Written by attorney Kevin Scott Neiman

Chapter 11 Bankruptcy. Definition. Procedure. Pros & Cons

By Chapter 11 bankruptcy we refer to a form of bankruptcy reorganization that allows businesses to continue their activity and gain profit while also paying off the debts they incurred. Companies that declare themselves bankrupt under Chapter 11 usually have to restructure heavy debts. However, unli

Free Q&A with lawyers in your area

Can’t find what you’re looking for?


Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer