New York Chapter 11 Bankruptcy Lawyer

New York Chapter 11 Bankruptcy - Reorganization - is normally the chapter under which commercial enterprises (businesses) file. This allows the business to continue its operations while repaying creditors concurrently through a court-approved plan of reorganization.

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Some common New York bankruptcy issues include the following:

United States Bankruptcy Courts
Federal courts have exclusive jurisdiction over bankruptcy cases. Bankruptcy cases cannot be filed in state court. Each of the 94 federal judicial districts handles bankruptcy matters
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