Important:

This petition was submitted during the 2010-2015 parliament

Petition Create UK Chapter 11 bankruptcy protection laws.

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Chapter 11 bankruptcy protect in the USA is used as a means to protect creditors and help a company from going bankrupt by giving it more time to find more funding and develope a plan to save itself. The UK does not have an equivalent. It is time we had a version to protect investors from losing money.

This petition is closed This petition ran for 6 months

7 signatures

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