What Happens to Patents in Chapter 7 Bankruptcy?

Answer As a condition of filing for Chapter 7 bankruptcy protection, you must disclose all of your assets, including patents, to the bankruptcy court. After disclosure, a patent may be subject to seizure ... Read More »

Top Q&A For: What Happens to Patents in Chapter 7 Bankruptcy

What Happens in Chapter 7 Bankruptcy?

If you've decided to file Chapter 7 bankruptcy, you're likely worried about a mounting number of unpaid credit card accounts and perhaps medical bills. Since 2005, the United States federal governm... Read More »

What happens to stockholders in Chapter 11 bankruptcy?

In a Chapter 11 bankruptcy, a company with common stock attempts a reorganization of the business in hopes of becoming profitable again. In most cases, the stock will continue trading, but it will ... Read More »

What Happens to Shareholders of a Chapter 11 Bankruptcy?

A Chapter 11 bankruptcy is designed to permit a business the ability to continue functioning, reorganize its operations and restructure its debt. The primary objective of a Chapter 11 bankruptcy is... Read More »

What Happens During Chapter 13 Bankruptcy in Ohio?

Unlike other kinds of bankruptcy, filing for a Chapter 13 bankruptcy in Ohio is a way to reorganize your debt and discharge a certain percentage of it. If you are in danger of foreclosure or owe mo... Read More »