Post Tagged with: "phoenix bankruptcy"

What is Chapter 11 bankruptcy?

Chapter 11 bankruptcy enables businesses and individuals to reorganize or liquidate their assets in a way that is more flexible than in Chapter 7 or 13 bankruptcy proceedings. There are numerous tools at the disposal of a Chapter 11 bankruptcy filer; however, the most significant is the ability to restructure […]

By Michael Jones • •Bankruptcy, Chapter 11, Plan of reorganization, Reorganization

What happens at a 341 meeting of creditors?

With each Chapter 7 bankruptcy filing in Arizona, a Chapter 7 bankruptcy trustee is appointed from a panel to administer the case. Among other things, the trustee’s job is maximize the value of assets available for distribution to creditors, and investigate fraud, assets, and transfer issues. The 341 meeting of […]

By Michael Jones • •341 Meeting of Creditors, Bankruptcy, Chapter 7 Bankruptcy

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Post Tagged with: "phoenix bankruptcy"

What is Chapter 11 bankruptcy?

What happens at a 341 meeting of creditors?

About Michael Jones

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