Now, you can owe up to $1,010,650 of secured debt, and still be able to file Chapter 13 bankruptcy, depending on how much unsecured debt you owe. If you are over the Chapter 13 bankruptcy debt limit, you can still file Chapter 11 bankruptcy. So, ...
Category Archives: Chapter 11 Bankruptcy
How Does Chapter 11 Work For A Small Business?
You may run a small business, that is, or is not, incorporated. If it is a corporation, the corporation has to file for Chapter 11 to get bankruptcy relief. But, you do not have to be a corporation to file for Chapter 11. You may run a store, own and rent a bunch of houses, or any other ...
Download PDF Version Who Needs Small Business Chapter 11? (part two)
Completion of my post on Chapter 11 on www.bankruptcylawnetwork.com
Download PDF Version Who Needs Small Business Chapter 11? (part one)
My post on another site on Chapter 11.
Download PDF Version GM Says It Needs: 100 Billion Dollars
Chrysler says it would need another 25 Billion Dollars in Chapter 11.
Download PDF Version GM, Chrysler Car Lines Eliminated
Reports online: the end for Dodge Aspen, Durango and PT Cruiser, gone from Chrysler Saturn, Hummer and SAAB gone from GM.
Download PDF Version Another Chapter 11 for Trump
Yet another Chapter 11 bankruptcy filing for a Trump company. This is the third filing for this entity alone! Gee, I wonder how long a guy or gal who went bust this many times would last on the Apprentice.
Download PDF Version GM, Chrysler, More Layoffs
More taxpayer money, fewer jobs as Detroit gets closer to reality.
Download PDF Version GM, Chrysler Face Bankruptcy
The U. S. government has hired lawyers to try to move them ahead of investment banks in priority of who gets paid first. In Chapter 11 bankruptcy, the Treasury Dept. could leapfrog over the prior loans to the auto companies. GM and Chrysler have steadfastly maintained they are not considering filing Chapter 11. There is such a ...
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