Answer:

Many people ask us who can file for a Chapter 11 bankruptcy in Georgia. There are now three different kinds of Chapter 11 bankruptcies. There’s the regular Chapter 11 bankruptcy. There’s also the small business Chapter 11 bankruptcy, which is called a Class 5 Chapter 11 bankruptcy. Each one of those classes have different criteria, but anyone who has a business that is an ongoing business could file a Chapter 11 bankruptcy, whether it was a corporation or whether it was a sole proprietorship or a limited liability company. If you have any questions, please give our office a call.