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FAQ / Under what types of circumstances will chapter 11 be appropriate?Chapter 11 bankruptcy cases are appropriate for debtors that own essentially viable businesses or valuable assets in need of preservation. Companies file for protection under chapter 11 of the Bankruptcy Code for a variety of reasons but, as a general matter, chapter 11 is most useful in cases where the debtor is experiencing severe cash flow shortages, has incurred oppressive liabilities or entered into burdensome contracts, or where the automatic stay is needed to stop debilitating litigation or large scale collection actions. Chapter 11 cases may involve a true reorganization pursuant to which the debtor attempts shed burdensome obligations and/or deleverage its capital structure, or a liquidation in which the debtor attempts to sell it business as a going concern in a more controlled setting than would otherwise be available in chapter 7 or outside of bankruptcy |
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TestimonialsNiranjan SujayI recently used LOGOS INTERNATIONAL for the translation of my bachelor’s certificate, and I couldn’t... Read More » Katia Nagata As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce... |
FAQDO U.S. EMBASSIES AND CONSULATES PROVIDE NOTARIAL AND AUTHENTICATION SERVICES FOR NON-U.S. CITIZENS?Read More » What Are Employers Allowed to Ask on a Job Application or in an Interview? Read More » Will I need to be fingerprinted? Read More » Is a student who becomes eligible for an automatic extension of status and employment authorization, but whose H-1B petition is subsequently rejected, denied or revoked, still allowed the 60-day grace Read More » |
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NewsApril 30, 25US citizen charged with being “unauthorized alien” despite possessing US birth certificate Read More » April 23, 25 Pope Francis died of stroke and irreversible heart failure – death certificate Read More » April 16, 25 Actor Val Kilmer died from pneumonia – death certificate Read More » April 8, 25 Most populous Iowa County experiencing death certificate delays Read More » |