Many things are required of a debtor when they file for bankruptcy, and it can be a stressful and busy time. However, there are still certain “dos and don’ts” when it comes to being a bankruptcy client, and your attorney will especially appreciate you being aware of them. Read How To Become a Really Bad Bankruptcy Client And Maybe Even Get Prosecuted so you’re informed on how to best approach your situation.
When might a debtor enter a state law receivership? There are many differences between state and federal bankruptcy law. Understand how state law receiverships might be more beneficial for certain distressed companies. Read 90 Second Lesson: What is a state law receivership? for more.
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