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Corporate Bankruptcies – Chapters 7, 11, and 12
Corporate bankruptcy is a federal court-sanctioned and supervised procedure for businesses that are unable to manage their business debts. Businesses who suffer from overwhelming debt and are unable to reorganize typically chose Chapter 7 bankruptcy. Businesses that can reorganize and potentially become profitable again choose Chapter 11 bankruptcy. Chapter 12 bankruptcy is reserved for businesses run by family farmers or fishermen.
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Cynthia L. Gibson, Attorney-at-Law
Orange County & Los Angeles, California, Bankruptcy Lawyer

879 West 190th Street, 4th Floor
Los Angeles, California 90248-4223
Practice Areas: Business Debt & Bankruptcy, Consumer Debt and Bankruptcy
www.cgibsonlaw.com/
Danning, Gill, Diamond & Kollitz, LLP
Los Angeles Bankruptcy Lawyers

2029 Century Park East, Third Floor
Los Angeles, California 90067
Practice Areas: Business Debt & Bankruptcy
www.dgdk.com/
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