Board Certified Bankruptcy Attorney in Arlington, Texas* - Ted Machi.

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Chapter 11 Bankruptcy

DisclaimerAbout Chapter 11

This Chapter is for corporations and partnerships. It is a reorganization proceeding. In a Chapter 11, the debtor usually remains in possession of its assets and continues to operate any business. The debtor proposes a plan of reorganization which, upon acceptance by a majority of the creditors, is confirmed by the court and binds both the debtor and the creditors to its terms of repayment.

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*Ted Machi, Board Certified Consumer Bankruptcy Law, Texas Board of Legal Specialization. All Other Attorneys Not Certified By The Texas Board of Legal Specialization. Ted Maci, a bankruptcy lawyer in Arlington, Texas is the Debt Dr.

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