Many residential contractors filed for bankruptcy protection as a result of the 2008 economic downturn. With this in mind, I came across an excellent article on bankruptcy from the contractor’s perspective.
This article was written by my friend, attorney John McCants, who specializes in defending contractors on behalf of their General Liability insurance carrier and in bankruptcy law. John’s article reviews bankruptcy under Chapter 7 (liquidation), Chapter 11 (reorganization), and Chapter 13 (reorganization). It also addresses the following contractor-related issues:
For more information, please contact John L. McCants.