Individuals who are unable to meet their debt obligations may be able to have their debts discharged through a liquidation bankruptcy. As the process implies, assets might be liquidated in an effort to raise money to pay off outstanding loan balances. Those who file...
Month: February 2020
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How Chapter 11 bankruptcy can help a business with debt relief
When it comes to running a business in Connecticut, challenges can arise and lead to overwhelming bills. Sometimes, creditors will become aggressive in their collection efforts and place a business in jeopardy. Rather than close the business, Chapter 11 bankruptcy is...