Lehman has Plan to End Bankruptcy

Lehman Brothers Holdings Inc. has filed a plan to end its bankruptcy. The company has been under bankruptcy protection since 2008, but is now working to repay tens of thousands of creditors. The proposal reportedly states that Lehman will pay creditors in cash and that the plan "represents a fair economic resolution" for creditors.

It's never easy to find yourself in a position where you may need to consider filing for bankruptcy. However, it's important that you understand that filing for bankruptcy does not have to be the end but can be the chance at a new beginning. You need to know that during this difficult time you have rights to protect and options in moving forward with and resolving your matter.

By working with a bankruptcy attorney, you will be able to resolve your case in the most beneficial way possible. A lawyer will know what your best solution is and how to go about reaching this solution so that you can focus on getting your life back together. With the help of an attorney, you can deal with the difficult court matters involved. Please take some time today to contact a bankruptcy lawyer to begin discussing the details of your case.