"Preferential Payments Bankruptcy"
Bankruptcy is a legal process through which individuals or businesses can eliminate or repay some or all of their debts. In the United States, there are two types of bankruptcies: Chapter 7 and Chapter 13. Oklahoma bankruptcy laws are governed by the federal bankruptcy code.
Preferential payments bankruptcy is a type of bankruptcy in which certain creditors are paid before others. This type of bankruptcy is typically used by businesses that owe money to multiple creditors. When a business files for preferential payments bankruptcy, the court will order the business to pay certain creditors first, and then the remaining creditors will be paid based on the priority set by the court.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start so FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706