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Chapter 11 Bankruptcy

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Uploaded on Dec 1, 2009

Chapter 11 Bankruptcy is primarily utilized by businesses looking to reorganize. While Chapter 7 is available to businesses, many businesses find that liquidation is disadvantageous. In some regards, Chapter 11 is similar to Chapter 13 in that debt is restructured and a new repayment plan is created. This video shows Arizona bankruptcy attorney John Skiba discussing some aspects of chapter 11 bankruptcy. John is a bankruptcy attorney in Mesa Arizona currently working for JacksonWhiteLaw Firm. You can learn more about bankruptcy at http://www.jacksonwhitelaw.com/what-w...

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