Usually, in the case of a business Chapter 7 filing, the business closes its doors, and no property is exempt, so the trustee takes charge of all property, liquidates it, disburses the funds to the creditors, and files a report with the court.
Chapter 13 In a Chapter 13 filing, the debtor has a payment plan affirmed by the court.
He can answer your questions, dispel the myths of bankruptcy, and help you make an informed decision about your future.
For more information and a FREE INITIAL CONSULTATION, speak with a dedicated Cleveland bankruptcy lawyer at Laubacher & Company today at (440)356-5700.
Hearing scheduled for Notice of Hearing // Notice of Pretrial Scheduling Conference and Filing of Proposed Scheduling Order Filed by FBI Wind Down, Inc.