I want to eliminate my debt, but I’m not sure if it’s Chapter 11 that I need to file. I live on Social Security, and I just can’t catch up on my bills, let alone, have money to hire a lawyer to do this for me. Can I file this without a lawyer??
I’m not talking about going to trial, just asking if I MUST have a attorney to file, or can I do that myself, or does an attorney HAVE to file on my behalf??

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It seems unfair when a company files chapter 11 they only have to pay back a portion of what they owe to creditors. is this true and how many time can you file bankruptcy until they say you can’t?

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Bailout isn’t going to happen…
and the more I think about it the worse the bailout idea gets

from link:

Reorganization Under the Bankruptcy Code

The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation or partnership. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.)

http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter11.html

That is the way it’s done when company can no longer compete…for whatever reasons…isn’t it?

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After 7 years employed at a firm they locked their doors last Thursday. Chapter 11 happens this week. 7/1 payroll did not happen, and I am a sales person paid upon invoice so I also lost any potentials wages on future work.

Technorati Tags: chapter 11, doors, invoice, last thursday, payroll, sales person, wages

I know a company can file for different types of Bankruptcies, like Chapter 11 which allows a company to reorganize, or Chapter 7 which involves the process of Liquidation….but my question is, once a company has declared Bankruptcy, who in the company is actually responsible for going through with everything? The CEO and CFO? The stockholders? The private investors? The federal government?
Like, what if a company files Bankruptcy and they owe their investors money….what if they are unable to repay the investors, even after the liquidation process?

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Just like pricewatch burst many years ago. Cant someone buy a stock when it hits rock bottom and wait for it to go back up? Or does bankruptcy mean this company is done for good? Im lost because I thought that chapter 11 was just clearing out there debts. Donald Trump has done this atleast 3 times already.

Technorati Tags: bankruptcy, chapter 11, debts, donald trump, rock bottom, stock

I’m trying to find out if there is someplace online to find bankruptcy documents (at not charge). Specifically, I’m trying to locate the chapter 11 petition for Agriprocessors Inc. It was just filed this week. Any help would be appreciated.

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I owe money to a hospital that recently filed for Chapter 7 bankruptcy. Will my debt with them taken off my credit report? Or does it stay?
Same goes for a bank. If they go into Chapter 11 or Chapter 7?

Technorati Tags: chapter 11, chapter 7 bankruptcy, credit report, money