Chapter 11 Bankruptcy
Chapter 11 Bankruptcy is primarily utilized by businesses looking to reorganize. While Chapter 7 is available to businesses, many businesses find that liquidation is disadvantageous. In some regards, Chapter 11 is similar to Chapter 13 in that debt is restructured and a new repayment plan is created. This video shows Arizona bankruptcy attorney John Skiba discussing some aspects of chapter 11 bankruptcy. John is a bankruptcy attorney in Mesa Arizona currently working for JacksonWhiteLaw Firm. You can learn more about bankruptcy at http://www.jacksonwhitelaw.com/what-we-do/get-help-filing-for-bankruptcy/
Duration : 0:1:53
