Business bankruptcy: How to choose between Chapter 11 and Chapter 13, and when is the right time

If you own your own business, and that business is in trouble, or even just not doing as well as it once was, among the tools you should consider using is a business bankruptcy.  If you want to continue to operate your business, but restructure its debt, your options are Chapter 11, which is a business reorganization, and Chapter 13, which is a personal reorganization.  (In contrast, a Chapter 7 is a liquidation.)  How do you know which is the best choice?

http://www.bankruptcylawnetwork.com/business-bankruptcy-when-how-and-what-kind/

Rolando Emmanuelli Jiménez

Presidente

Bufete Emmanuelli, C.S.P.

www.bufete-Emmanuelli.com

Asesoramiento, Litigación, Quiebras e 

Incapacidad bajo el Seguro Social Federal

Calle San Francisco 2803

Urb. Constancia

Ponce, Puerto Rico 00717