Real Estate Investors: Understanding Your Options
For real estate investors, Chapter 11 can be a lifesaver - a proverbial "fresh start" from an otherwise seemingly impossible situation - which gives the debtor a respite from creditors.
Creditors Freeze of Bankruptcy Debtor's Cash
This dilemma has just been resolved in the banker's favor by the Supreme Court. The dilemma was whether to violate the automatic stay in bankruptcy or allow Debtor to empty the bank account.