Legal Question in Bankruptcy in Georgia
chapter 11
I would like to know, What is a chapter 11?
Asked on 8/04/04, 5:34 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: chapter 11
It is an extremely complex and expensive form of reorganization under the bankruptcy code, used mostly by large businesses. Most individuals who file bankruptcy use Chapter 7 or 13.
Glen Ashman
www.glenashman.com
Answered on 8/04/04, 6:42 pm