LEGAL GUIDE
Written by attorney Kevin Scott Neiman | Aug 24, 2017

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

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