When someone is unable to pay their bills, they can opt for a legal process known as bankruptcy. This helps to wipe out their debt, in order to get a fresh start. It also puts a halt to foreclosure or any legal actions against the person, and it stops creditors from calling them to demand […]
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Many a time we hear from a trustworthy bankruptcy Butler PA about chapter 11. It is said that chapter 11 is a gateway to escape from the heavy burden of bankruptcy in a business. It is true that chapter 11 helps to get rid of debts to some extent. On one hand, it reduces the interest
Which Businesses can File for Chapter 11: Learn the Details Read More »
The automatic stay under bankruptcy law is when a creditor is prohibited from enforcing any collection action or taking any other action to enforce a debt while an individual or business is under the protection of the bankruptcy proceedings. Understanding the concept of Automatic Stay Under Chapter 13. The automatic stay order also prohibits creditors
What is Automatic Stay under Bankruptcy law, and why is it important? Read More »
If you are facing arbitrary actions or harassment from an aggressive creditor, get a free consultation from a debt relief law firm. The firm will create a roadmap to settle or negotiate the debt easily. Furthermore, with the help of Chapter 11, your business can get a new lease of life under the protection of
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