Frecuently Asked Questions | Success stories
 
   
Satisfy your Creditors with what you can afford
Protect your assests against litigating creditors
Help generate cash flow for your business
Lift the burden off your shoulders so you can focus on the growth of your business
No cost to you
 

Is Bankruptcy an Option?
Bankruptcy is a term that is often used loosely to describe a business that has shut its doors. In reality it is far more formal and serious than that.

Literally, bankruptcy is a legal process that involves attorneys, the courts and a United States Government Trustee. Chapter 11 (Chapter Eleven) Bankruptcy is used to reorganize a company with the intention of satisfying its creditors and ultimately emerging as an entity able to survive on its own. Chapter 7 (Chapter Seven) is for liquidation of a business. Any property of value will be sold or turned into money to pay your creditors.


   



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