Chapter 7 bankruptcy, also known as ‘liquidation bankruptcy,’ offers individuals a fresh start by
liquidating non-exempt assets to pay off debts. Our firm assists clients in navigating Chapter 7
proceedings, guiding them through the process of debt discharge and providing relief from
overwhelming financial burdens.
Chapter 13 bankruptcy, often referred to as ‘reorganization bankruptcy,’ allows individuals with
regular income to develop a repayment plan to settle debts over time. Our experienced attorneys
work closely with clients to create manageable repayment plans, protect assets, and achieve financial
stability.
“Subchapter V of Chapter 11, known as Subchapter 5, is a specialized bankruptcy process tailored for small businesses with debts up to $7.5 million. It streamlines the reorganization process, appoints a trustee to oversee but not control the business, and allows the debtor to propose a feasible repayment plan within a short time frame.”