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Home
About
- Careers
Practice Areas
Our Team
Resources
- Articles
- Blog
- FAQ
- Glossary

Home
About
- Careers
Practice Areas
Our Team
Resources
- Articles
- Blog
- FAQ
- Glossary

Home
About
- Careers
Practice Areas
Our Team
Resources
- Articles
- Blog
- FAQ
- Glossary

FAQ

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What is bankruptcy, and how could it possibly benefit me?

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Will bankruptcy erase all of my debt?

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Are secured debts and unsecured debts treated differently in bankruptcy?

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Do I need a lawyer to file bankruptcy?

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Are there alternatives to bankruptcy?

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What are the different 'Chapters' of bankruptcy, and how do they work?

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Individual (Ch.11) may be good for...

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Business (Ch.7) may be good for...

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Business (Ch.11) may be good for...

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Individual (Ch.13) may be good for...

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Individual (Ch.7) may NOT be good for...

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Individual (Ch.11) may NOT be good for...

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Business (Ch.7) may NOT be good for...

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Business (Ch.11) may NOT be good for...

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Individual (Ch.13) may NOT be good for...

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What are the Pros and Cons for Individual (Ch.7)?

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What are the Pros and Cons for Individual (Ch.11)?

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What are the Pros and Cons for Business (Ch.7)?

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What are the Pros and Cons for Business (Ch.11)?

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What are the Pros and Cons for Individual (Ch.13)?

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Do I qualify for bankruptcy relief under Chapter Chapter 7?

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Do I qualify for bankruptcy relief under Chapter Chapter 11?

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Do I qualify for bankruptcy relief under Chapter Chapter 13?

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Chapter 7 Bankruptcy

This chapter of the Bankruptcy Code provides for "liquidation" - the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.

Chapter 13 Bankruptcy

This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.

Chapter 11 Bankruptcy

This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.

Chapter 12 Bankruptcy

The chapter of the Bankruptcy Code providing for adjustment of debts of a "family farmer," or a "family fisherman" as those terms are defined in the Bankruptcy Code.

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