Business
Bankruptcy

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There are two chapters of the Bankruptcy Code under which businesses file for bankruptcy protection: Chapter 11 and Chapter 7.

The owners of a business that is financially troubled can get the business back on track by filing a Chapter 11 bankruptcy to reorganize and restructure it.

If the owners conclude that reorganization is not feasible, they can file a Chapter 7 bankruptcy to liquidate the business altogether.

If you are unsure which option is best for your business, get help from a business bankruptcy attorney who is a board-certified specialist in bankruptcy law. Call the Law Offices of Nicholas Gebelt at (562) 777-9159 to discuss your options.

• Business Chapter 11
• Business Chapter 7
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• What Not To Do Before, And Immediately After, Filing Bankruptcy?
• Bankruptcy vs. Negotiated Settlement In California

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