What Is Chapter 7 Bankruptcy?
In a Chapter 7 bankruptcy, or liquidation bankruptcy, you sell non-essential assets to discharge debt. Businesses close in Chapter 7 bankruptcy.
Source: businessinsider.com
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What Is Chapter 11 Bankruptcy?
Chapter 11 bankruptcy lets companies and individuals reorganize their debts. Companies that file Chapter 11 can remain open during proceedings.
Source: businessinsider.com
Lincoln announces $2 million pilot program to improve rental properties
On Thursday, Lincoln Mayor Leirion Gaylor Baird announced that 130 rental housing units have been selected to receive grants as part of the city's Pilot Residential Rental Rehabilitation Project.
Source: klkntv.com