You may also be asked to generate payments or contributions towards your debts once the bankruptcy has started. There's two subcategories of Chapter 11 bankruptcy—small business situations and subchapter V, precisely made to cater to small business's needs. Chapter thirteen: Chapter thirteen bankruptcy, generally referred to as a "wage earner's https://creditors-voluntary-liqui83603.angelinsblog.com/27450078/new-step-by-step-map-for-making-a-company-insolvent