Freedom Communications Inc. has Bankruptcy Plan
Posted on Mar 17, 2010 1:40pm PDT
It has been reported that Freedom Communications Inc. will be seeking approval of a bankruptcy plan. The company will ask the bankruptcy court to confirm its plan to exit
Chapter 11 protection under the control of its lenders. The restructuring plan will give the lenders a certain amount of control of the reorganized company.
It's never easy to file for
bankruptcy or deal with this type of situation, but it's important that you know what your options are and how you should handle this matter. You can resolve this in a way that will allow you to recover from bankruptcy. Filing for bankruptcy does not have to be the end but can be a chance for you to start over and regain your life. You have rights that you need to protect during this difficult time and can protect if you move forward correctly.
With the help of a bankruptcy lawyer, you will be able to resolve this matter in the correct way so that you can start over. An attorney will know what to expect with your case and what your best solutions are in order to settle this matter. By working with a lawyer, you will have the chance to carry on with your life while this is all handled. Please take some time to
contact a bankruptcy attorney and begin discussing the details of your case.