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Chapter 11 Personal Bankruptcy Morristown

Read this infographic to learn about chapter 11 bankruptcy in Morristown and how Karina Lucid Law can help you get relief from your debts. For more information call us at 908-300-3909.

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Chapter 11 Personal Bankruptcy Morristown

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  1. CHAPTER 11 PERSONAL BANKRUPTCY MORRISTOWN Chapter 11 bankruptcy is the form with which people are most familiar as it routinely makes the news when corporations like General Motors or K-Mart are in financial trouble. Partnerships and corporations usually file Chapter 11. Eligibility Requirements for an Individual Chapter 11 Chapter 11 is often the best option for individuals who have too much value in non-exempt assets that they want/need to keep for Chapter 7 and who have too much debt to qualify for Chapter 13. How Chapter 11 Bankruptcy Works A Chapter 11 debtor is a “debtor-in-possession” and no case trustee is appointed but, instead, the debtor retains control over the process. Contact Us 52 Maple Ave, Morristown, NJ 07960, United States 908-300-3909 klucid@karinalucidlaw.com karinalucidlaw.com

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