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FAQ / Under what types of circumstances will chapter 11 be appropriate?Chapter 11 bankruptcy cases are appropriate for debtors that own essentially viable businesses or valuable assets in need of preservation. Companies file for protection under chapter 11 of the Bankruptcy Code for a variety of reasons but, as a general matter, chapter 11 is most useful in cases where the debtor is experiencing severe cash flow shortages, has incurred oppressive liabilities or entered into burdensome contracts, or where the automatic stay is needed to stop debilitating litigation or large scale collection actions. Chapter 11 cases may involve a true reorganization pursuant to which the debtor attempts shed burdensome obligations and/or deleverage its capital structure, or a liquidation in which the debtor attempts to sell it business as a going concern in a more controlled setting than would otherwise be available in chapter 7 or outside of bankruptcy |
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TestimonialsJohn BeacleayJust wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo... As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce... |
FAQDo I have to file separate I-129F Petitions for each of them, so they can receive K-2 visas and come to US with fiance (fiancee)?Read More » WHAT ARE THE HOURS OF OPERATION FOR NOTARIAL SERVICES AT U.S. EMBASSIES AND CONSULATES? Read More » How Much Chilean Sea Bass Does the U.S. Import? Read More » Is it safe to travel to ... ? Read More » |
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NewsJuly 3, 25TX woman arrested after convincing pastor to certify fake marriage certificate Read More » July 1, 25 South Carolina woman accused of altering sister’s death certificate to commit insurance fraud Read More » June 26, 25 Jefferson Davis Hospital birth certificate errors persist; causing headaches for many Read More » June 19, 25 Iowa man whose body was found after home explosion died of suicide – death certificate Read More » |