The three most common types of bankruptcy — Chapter 7, Chapter 13 and Chapter 11 — account for nearly all business and personal bankruptcy filings in Georgia and the rest of the United States. There are also several other types of bankruptcy available under the U.S. Bankruptcy Code that are less commonly used, but they do make an interesting topic for discussion.
Federal bankruptcy law provides three additional types of bankruptcy — Chapter 9, Chapter 12 and Chapter 15 — for highly specialized circumstances:
The federal bankruptcy code is rife with complexities that can be intimidating to anyone — from average consumers to seasoned businesspeople. Our experienced bankruptcy attorneys at Jeff Field & Associates take the time to acquaint our clients with the process and collaborate with them to create a plan that addresses their goals, concerns and circumstances.
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