Small Businesses in Bankruptcy

Personal Bankruptcy > Small Businesses in Bankruptcy > Chapter 128 Receivership in Wisconsin

Chapter 128 Receivership in Wisconsin

If your business is organized in Wisconsin, receivership under Chapter 128 of the Wisconsin Statutes affords a unique opportunity for restructuring of your debts without the stigma of bankruptcy.  A receiver is appointed to oversee your company’s reorganization.  All collection activity stops.  You have most of the benefits of chapter 11 reorganization at a fraction of the cost.

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