Frequenlty Asked Questions
About Bankruptcy Chapter 11
About Chapter 11 Bankruptcy
Chapter 11 bankruptcy provides court-ordered debt relief and financial restructuring for businesses and individuals under the Bankruptcy Code. Chapter 11 bankruptcy has saved many Connecticut businesses from closing their doors.
The automatic stay will put an immediate stop to:
Any court actions
Any phone calls or contact
Lawsuits and judgments against you
The filing of a case in Connecticut will immediately stop all collection efforts on legal action in any state or jurisdiction throughout the country.