California Chapter 11 Bankruptcy Law

Seal of the United States bankruptcy court. Ch...

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California Chapter 11 Bankruptcy Law

California businesses have a couple of options to deal with dire financial conditions, and filing for a Chapter 11 bankruptcy can be an attractive option. However, it can be a bit complex, and to be successful, the business should consult experienced legal counsel to prepare the necessary filings.

  1. Definition

    • Chapter 11 in the federal Bankruptcy Code is specific to business and allows for a reorganization of debt and liabilities owed to creditors. Businesses most commonly affected by Chapter 11 include corporations, sole proprietorships, partnerships and other types of companies.

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Attorney at law, specializing in litigation, labor law overtime, criminal record expungement, partnership dissolution, and Real Estate workout solutions
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One Response to California Chapter 11 Bankruptcy Law

  1. Pingback: California Chapter 11 Bankruptcy Law | Chapter 11 : Chapter 11 resources for Southern California

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