Chapter 11 Bankruptcy… what is it?

Posted on July 1, 2009. Filed under: Uncategorized |

Chapter 11 Bankruptcy is designed primarily for the reorganization of businesses, but is also available to consumer debtors.  Its provisions are quite complicated, and any decision for individual to file a Chapter 11 petition should be reviewed with an attorney.  Most Chapter 11 cases are simply too expensive for the great majority of consumer debtors.  Most individuals are aware of the high profile Chapter 11 Bankruptcy cases that have been filed in recent years by the commercial airlines and automotive manufacturers. 

For more information on bankruptcy, contact the office of John Rogers, Attorney at Law, at johnrogers@glasgow-ky.com  or toll free at 1-888-651-9353 or visit our website at www.bankruptcy.ky

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