Why Is Bankruptcy Important?

BANKRUPTCY ATTORNEY QUESTION FROM NEW PORT RICHEY, FLORIDA A gentleman from New Port Richey, Florida asks our Bankruptcy Attorney, why is bankruptcy important?  Bankruptcy is important because it is one of the few tools that an Individual possesses to prevent his or her enslavement. A Corporation may also file a sort of Bankruptcy called Chapter 11 Bankruptcy, which permits the Corporation to reorganize its Debts.  However, in most cases, a Corporation is a form that is maintained by Individuals. In the United States, the modern Read More +