answersLogoWhite

0

Chapter 11 is virtually always on for CORPORATIONS and is a "reorganization" rather than a liquidation.

Chapter 7 dissolves the corporation.

C-7 can happen, and frequently is, shortly after C-11 (actually converting the C-11), especially if no viable reorganization plan can be found.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

How long must it be after filing chapter 11 before one can file chapter 11 again?

C-11 is for Corporations, not people. There is no time limit between these corporate filings. Some Cos have done them very close together when the first re-org ideas failed quickly.


If you are married can you still file chapter 7 bankruptcy?

A Chapter 7 case is commenced by the debtor filing a voluntary petition or at least three creditors filing an involuntary petition. A husband and wife can file a joint petition. 11 USC § 302.


How do you withdraw a Chapter 11 bankruptcy filing?

You may not be able to withdraw a Chapter 11 filing. You should talk to your lawyer to determine the best course of action.


When did the Borders book stores file for Chapter 11?

The Borders book store filed for Chapter 11 bankruptcy in February of 2011. Borders decided to close 30% of it's Brick-and-Mortar stores after filing for bankruptcy.


When did dairy mart convenience stores file for chapter 11?

Dairy Mart convenience stores filed for Chapter 11 bankruptcy protection on April 19, 1998. This filing was part of a restructuring effort to address financial difficulties the company was facing at that time.


If You Filed chapter 7 in 2002 can i refile?

Under the new Bankruptcy laws you must now wait 8 years before filing another Chapter & or Total Bankruptcy as it is better know. You may be eligible to file if eligible a Chapter 13 to structure repayment to those creditors.


If you had bankruptcy in 2004 can you file for bankruptcy again?

Some strict limitations have been set by the new bankruptcy law. Debtors will not be able to file Chapter 7 bankruptcy if they've been through a Chapter 7 within eight years of the new filing. If they want to file for Chapter 13, they will not receive a discharge within two years of a previous Chapter 13 discharge and within four years if they were discharged from a Chapter 7, 11 or 12 bankruptcy.


Where can one find something about chapter 11 bankruptcy filing?

The US Courts is the best place to source information regarding chapter 11 bankruptcy filing. Here you will find valuable information including how the chapter 11 bankruptcy works. Other sites that provide information include; Investopedia and Wikipedia.


Can they attach your furture earnings after you file chapter 11?

Chapter 11 is not commonly available to indivduals, only Corporations.


Is there a cheap way to file corp chapter 11?

no


Will your lawsuit against employer be affected by the chapter 11 bankruptcy filing?

Very possibly.


Can we check if a company file chapter 11?

trinity components

Trending Questions
How do you get Laws of England Wills and Probate download? From what classes of society were the members of the Constitutional Convention drawn? What does qanun means? Is it copyright infringment if you make a venom marvel picture that you found on the internet and make it a poster? In what part of the world did black beard look for treasure? Your wife and you have been married for 4 years you got married in Holland Michigan My wife is divorcing me. Do you qualify for her work pension and spousal alimony since you are unemploy? How much is a speeding ticket in LA for 67 in a 50? Is it permissible to install a camera inside my mailbox? What bands are Corey Taylor In? How does James Madison reassure the people that the government structure will safeguard the rights and liberties of citizens? Is there a law on garden fires? When voters cast ballots in November for those leaders they are actually are electing a group of representatives to what? Is there a legal action against credit card defaulters in India? Both the increased spending by the national government and the nationally imposed income tax? What is the final stage in the examination of witnesses? What is statutory change? Impeachment means to charge a government official in the House so that they can be? Does the state of Tennessee extradite on misdemeanor warrants? What do you do when your ex-wife took all the money from your joint bank account and put it on her own credit card? Why do cooley law school students fail nc bar often?