Latest News 2010 February Chapter 11 Bankruptcy for Mississippi River Corporation

Chapter 11 Bankruptcy for Mississippi River Corporation

Mississippi River Corporation, which is a pulp recycler, has filed a Chapter 11 bankruptcy petition in an Ohio court. Currently, the company owes over $3 million to 20 unsecured debtors along with owing $300,000 to Adams County in lease payments and expansions. In filing a Chapter 11 bankruptcy petition, Mississippi River Corporation is looking to shed debts and restructure.

Bankruptcy is difficult for everyone to deal with, but you do have options if this is a position you find yourself in. It's important, because bankruptcy is a serious and complicated matter, that you understand what steps you are taking in order to move forward. You have rights that need to be protected and they will be when you choose to work with a bankruptcy lawyer. By hiring an attorney, you will have someone who can guide you through this process and make sure that you make choices that are the best for your case. You do not have to struggle through filing for bankruptcy and a lawyer will make it easier for you to get back on your feet. Please take some time today to contact a bankruptcy attorney and begin discussing the details of your case so you can begin to resolve this matter.