October 15, 2010

The Upside of Involuntary Bankruptcy for Creditors

Individuals and entities commonly use bankruptcy to protect themselves from creditors. Although less common, creditors are using bankruptcy to protect themselves from entities transferring assets or when selecting an alternate creditor. In "Involuntary Bankruptcy" for Minnesota Business, Michael Fisco and Sarah Bruggeman explain the advantages for creditors to initiate an involuntary bankruptcy case. Read more.