Consumers in Maryland who have had to rely on their credit cards after job losses or unanticipated medical emergencies may end up with mountains of debt without much hope of being able to pay. Gaining knowledge about bankruptcy protection when other options such as...
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Reorganization of debts under Chapter 11 bankruptcy
On Behalf of The Law Offices of Richard B. Rosenblatt, PC | Nov 8, 2016 | Chapter 11
In order to benefit from the protections provided by Chapter 11 bankruptcy, one must file a petition with the appropriate bankruptcy court. This type of bankruptcy allows for the reorganization of debts, which can provide the petitioner with a way to halt collections...
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