Bankruptcy and debt settlement lawyer, Doug Crowder, speaks with George Alger about four fundamental points of bankruptcy.

Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order.

Crowder discusses the differences between individual and business bankruptcy, four bankruptcy options and touches upon chapter 7, chapter 11 and chapter 13 bankruptcies.

Producer: GeorgeAlger.com

Director: Michelle Hoover

Sponsor: NONPROFIT FIRE, Google Ad Grants Community Building
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Sponsor: GWC PRODUCTIONS, Putting Eyes on Your Music
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Sponsor: SKYWORKS MARKETING, Performance Advertising
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Bankruptcy Basics
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