Specializing in bankruptcy law for individuals and small businesses
in Maryland and Washington, DC
410-625-2272
Specializing in bankruptcy law for individuals and small businesses
in Maryland and Washington, DC
410-625-2272
Bankruptcy 101
Skeen & Kauffman LLP is committed to making sure our clients understand the bankruptcy process. This page will provide you with general information about various bankruptcy concepts to help you evaluate this firm and your needs.
Bankruptcy is a way for a consumer or a business to either eliminate their debt or reorganize their debt into more manageable payments. The bankruptcy process is governed by Title 11 of the United States Code and for consumers generally consists of either a Chapter 7 filing or a Chapter 13 filing. A business that is seeking to end operation may also file a Chapter 7 and a business seeking to reorganize will file a Chapter 11. There are special provisions for farmers, fishermen, and municipalities.
Blogging About Bankruptcy
Insights into the reorganization and bankruptcy process
April 18, 2024One of the most popular questions I answer about bankruptcy is, "How much will it cost to file?" ...April 17, 2024At this point, you have made the decision to file for bankruptcy protection. You have also made...April 17, 2024As a bankruptcy attorney, I firmly believe that everyone who makes the decision to file for...Additional Resources
Learn more about reorganization and bankruptcy
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