Corporate Bankruptcy Attorney in Pompano Beach
What is Corporate Bankruptcy?
Corporate bankruptcy is legal process by which a company or other business declares that it is unable to pay its debts and requires bankruptcy relief. In the United States, there are two kinds of corporate bankruptcy. Chapter 7 provides for liquidation of a business. Chapter 11 allows corporations to continue operations after reorganization and forgives debts that companies cannot repay. The bankruptcy attorneys at Bilu Law will help you navigate these waters so you can have the best possible results in your business bankruptcy.