Although it’s not a court-held proceeding, you will have to reply why you file for bankruptcy. After the Assembly, the trustee commences dividing and marketing off your assets. Small business bankruptcies are on a steep rise, with a nearly 30 per cent increase in Chapter 11 filings, according to https://3-things-to-avoid-when-fi47876.blogsmine.com/30333140/how-will-filing-bankruptcy-affect-my-small-business-fundamentals-explained