Bankruptcy


When financial distress becomes serious, bankruptcy may be the only way for debtors and creditors to settle accounts and move on.  This is true for both personal and business matters.

In the U.S., Federal law establishes several types of bankruptcy proceedings, the most common being:

  • Chapter 7: Basic liquidation for individuals and businesses,  also known as straight bankruptcy.  More…
  • Chapter 11: Rehabilitation or reorganization, used primarily by business debtors.  More…
  • Chapter 13: Rehabilitation with a payment plan for individuals with a regular source of income.  More…



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The Alexandria, Virginia, based bankruptcy law firm of Tyler, Bartl, Ramsdell & Counts offers legal advice for individuals and businesses facing the possibility of Chapter 7, 11 or 13 bankruptcies. Areas we serve include, but are not limited to Prince William, Loudoun, Fairfax, Falls Church, Fauquier, Alexandria, Arlington, Manassas, Tyson's, Vienna, McLean, Reston, Herndon, Ashburn, Woodbridge, Warrenton, Old Town, and Springfield.