Mr. Chittur was also an arbitrator with the New York Stock Exchange and with the NASD (National Association of Securities Dealers). As such, he has arbitrated, and been the chairperson of arbitration panels, in several disputes between stockbrokers and customers, and between different broker dealers.
Also, a person may not use bankruptcy as a reason to excuse himself of his financial obligations for his children or alimony. There are many different kinds of bankruptcy. Here are some basic points about some of the more common types of bankruptcy that are available to the public. Chapter 7. Among the 5 types of bankruptcies, this one is the most uncomplicated. An individual, a married couple or business partners can apply for this proceeding. Before filing for an application, the individual or the group will be interviewed by a representative from a Credit Counseling Agency.
The most common types are Chapter 7 bankruptcy lawyers (Chapter 7 is when an individual or a company wants to liquidate/dissolve their assets in order to eliminate their debts), Chapter 11 bankruptcy lawyers (Chapter 11 is when a company [or individual within a company] wants to restructure their debts to get back on track), and Chapter 13 bankruptcy lawyers (Chapter 13 is a different form of chapter 11 for individuals where you restructure your debts to get on a more affordable payment ...