10 Things to Know About Chapter 11 Bankruptcy

10 Things to Know About Chapter 11 Bankruptcy

Chapter 11 bankruptcy is primarily filed to restructure or reorganize an existing company or business. A Chapter 11 business debtor usually is one that is generating capital, but it is in financial distress due to poor investments, operational setbacks, bad management decisions, etc. Chapter 11 is designed to give a company or business the time […]