Month: July 2022

Also known as reorganization, Chapter 11 bankruptcy is extremely complex. Filing Chapter 11 bankruptcy involves reorganizing the debtor's business affairs, assets and debts. This form of bankruptcy allows an Idaho business to continue operating while restructuring its...

Bankruptcy is a generic term to describe how individuals or enterprises could seek protection from creditors. Namely, when a person or business's debts exceed assets, filing for bankruptcy in federal court might be the only way to address the matter and move toward a...