Rogers Law Offices

Description

Chapter 11 bankruptcy is the form of bankruptcy that is typically used by businesses and corporations. In this type of proceeding, a debt repayment plan is established so that your business can continue operating and making a profit. This will give the business an opportunity to generate enough revenue to eventually pay off creditors under the debt repayment plan. Additionally, Chapter 11 bankruptcy does not require your business to sell off key assets so that you may continue to run your business as effectively as possible.

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