Tag Archives: commencement
Why Might an Individual Debtor Opt for Chapter 11?
Chapter 11 bankruptcy is usually associated with business reorganizations, but it is available to individual debtors in certain circumstances. A Chapter 11 allows for a reorganization and partial repayment of debt over time, after which the individual’s remaining debt can be fully discharged. Individuals who may benefit from Chapter 11 include professionals, business owners, people […]
