I dunno just such a cop out you would expect it to be scary enough to be a last resort only.
That would be chapter 7. Which is where they liquidate assets to pay off your debt. This one is your proverbial "last resort".
Chapter 11 is a "reorganization" bankruptcy. A bit different.
I dunno just such a cop out you would expect it to be scary enough to be a last resort only.
That would be chapter 7. Which is where they liquidate assets to pay off your debt. This one is your proverbial "last resort".
Chapter 11 is a "reorganization" bankruptcy. A bit different.