Bankruptcy law

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Bankruptcy courts Chapter 11 bankruptcy Chapter 13 bankruptcy Personal bankruptcy Corporate bankruptcy Bankruptcy trustees Debt discharge Chapter 7 bankruptcy

When should a business write off a debt instead of suing? Who pays to clean up a mine when the company has dissolved DIP financing gives a bankrupt company new money priority over its old lenders What happens to executory contracts when a company enters administration Why employees often rank ahead of trade creditors for unpaid wages A fraudulent transfer claim can reach assets moved years before the collapse Retention of title clauses keep goods the seller's until the invoice clears Priority order decides who gets paid and secured creditors usually sit outside the queue The trustee's power to reject a lease and what the landlord can recover Preference actions claw back payments made in the ninety days before filing Directors can be personally liable for letting a company trade while insolvent Chapter 11 vs Chapter 7: a reorganisation keeps the business alive for the creditors' benefit What a personal guarantee from a director is worth once the company fails A bill of exchange is a promise to pay that can be sold on and that survives insolvency Consumer bankruptcy vs business bankruptcy: two statutes and two different goals

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