A company experiencing financial hardship may have no choice but to file for bankruptcy and there are different types of bankruptcies to choose from. A chapter 7 bankruptcy is known as a straight ...
Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
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