Bankruptcy Articles

A bankrupt might not be capable of practise in certain professions corresponding to lawyer, estate agent, securities seller or act as a director of a restricted firm.

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Bankruptcy,chapter 7 bankruptcy,bankruptcy attorney,chapter 13 bankruptcy,chapter 11 bankruptcyWhat are Chapter 7 and Chapter 13? You might be advisable to consult a lawyer before you begin … Read the rest

You Owe Money — Contemplating Bankruptcy

The proceeds from the realisation are then distributed to the collectors (individuals who are owed cash by the debtors) for repaying the relevant debts or part of the money owed.

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Bankruptcy,chapter 7 bankruptcy,bankruptcy attorney,chapter 13 bankruptcy,chapter 11 bankruptcyFor many debtors, Chapter 7 bankruptcy is a better option than Chapter 13 bankruptcy. Corporations get … Read the rest