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.


About timothymccandless

Attorney at law, specializing in litigation, labor law overtime, criminal record expungement, partnership dissolution, and Real Estate workout solutions. Employment law claims and Wage and Hour claims Wrongful termination
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1 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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