Experienced Knoxville Attorney Helps Clients Overcome Debt Problems

Experienced Knoxville Attorney Helps Clients Overcome Debt Problems

Chapter 7 bankruptcy: Voluntary or involuntary property transfer

A business entity or an individual borrower who is unable to repay creditors for loans, goods or services will generally file a court petition to declare bankruptcy. In some cases, however, U.S. bankruptcy laws under 11 U.S.C.§303 authorize creditors to force delinquent borrowers through bankruptcy court involuntarily. Perhaps the lender suspects the borrower of hiding

William E. Maddox Attorney Law
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