marleniea's Space http://marleniea.posterous.com Most recent posts at marleniea's Space posterous.com Sun, 03 Jun 2012 22:27:00 -0700 Washington area bankruptcy filing for the week of June 4 http://marleniea.posterous.com/washington-area-bankruptcy-filing-for-the-wee http://marleniea.posterous.com/washington-area-bankruptcy-filing-for-the-wee

Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.

 

To get copy of bankruptcy records

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http://posterous.com/images/profile/missing-user-75.png http://posterous.com/users/lEPSTwNNCkdZM Eleanor Bailey marleniea Eleanor Bailey