Debtors should be aware that there are several alternatives to chapter 7 relief. For example, debtors who are engaged in business, including corporations, partnerships, and sole proprietorships, may prefer to remain in business and avoid liquidation. Such debtors should consider filing a petition under chapter 11 of the Bankruptcy Code. Under chapter 11, the debtor may seek an adjustment of debts, either by reducing the debt or by extending the time for repayment, or may seek a more comprehensiv...
If you need a bankruptcy lawyers to help you with your debts, call the Law Offices Of SRIS, P.C. We have bankruptcy lawyers near me who can help you with a Chapter 7 Bankruptcy in Virginia. We are...
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