Law Office of William E. Campbell    
Lynn and Greater Boston, Massachusetts Bankruptcy Lawyer; Ch 7, Ch 13, Ch 11
Chapter 11
Chapter 11

Small business and individuals with debt in excess of $1,149,525.00 may have to file a Chapter 11 reorganization to prevent the loss of a business or their assets.

There are two types of bankruptcy for businesses: Chapter 7 [total liquidation of most if not all debt] and Chapter 11 [reorganization]
.


If you wish to keep most, if not all, of your assets and continue to operate your business a Chapter 11 is designed to help you do that while dealing fairly with your creditors.

All reorganization bankruptcies [11, 12, and 13] are designed to help you keep assets and lower your debt by determing which need to be paid, which can be reduced and which can be discharged.

Law Office of Wm. E. Campbel
P.O. Box 2
Swamptscott, MA 01907
781 599 9400
781 498 2779 [fax]
campbell@BankruptcyLawyerMA.com

 

 

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