Bankruptcies: May 11, 2014 - Lancaster Newspapers
05/07/14
![]()
Bankruptcies: May 11, 2014
Lancaster Newspapers
Chapter 7. Under Chapter 7 of the U.S. Bankruptcy Code, a debtor's assets are liquidated to pay creditors. Under Chapter 11, the debtor, often a company, reorganizes and may pay some creditors. Under Chapter 13, a debtor proposes a repayment plan.
[more]
Lancaster Newspapers
Chapter 7. Under Chapter 7 of the U.S. Bankruptcy Code, a debtor's assets are liquidated to pay creditors. Under Chapter 11, the debtor, often a company, reorganizes and may pay some creditors. Under Chapter 13, a debtor proposes a repayment plan.
- Feeds Categories: