United States Court's website and select the bankruptcy court. After making your selection, examine the law Virginia and determine how your state defines and differentiate between Chapter 7 and Chapter 11 bankruptcy.
1. Discuss the laws in your home state on secured transactions, liens, judgments and exemptions, and the role they play in federal bankruptcy.
2. Analyze and explain whether corporate culture might influence a company's ethical decision to file Chapter 11 bankruptcy.
3. Describe what a security interest is as it relates to bankruptcy, and discuss who should be considered responsible for investor losses.