Washington area bankruptcy filings for the week of Aug. 6 - Washingt...

08/05/12

Washington area bankruptcy filings for the week of Aug. 6
Washington Post
Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. ... In a Chapter 7 liquidation, a court trustee sells assets to pay ...