Chapter 7 Vs. Chapter 11 Bankruptcy

Chapter eleven is used by companies to reorganize complicated debt structures. The debtor may also file a debtor’s bankruptcy petition ( Form three) with the Excessive Court.

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Go to the Registry of the High Courtroom and pay a court docket fee of HKD1,045, receive a date for the hearing of the Petition and file the Petition and the Assertion of Affairs.

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