0 votes
What happens when you file Chapter 11?

1 Answer

0 votes
Filing for Chapter 11 suspends all judgments, collection activities, foreclosures, and repossessions of property against the filing business. This gives it time to negotiate with its creditors. The company's creditors are not allowed to pursue debts or claims that arose before the bankruptcy petition was filed.
Welcome to our site, where you can find questions and answers on everything about renting houses, apartments, villas, flats and other property in many countries
...