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.
A Chapter 13 bankruptcy is a bankruptcy case filed under Chapter 13 of the U.S. Bankruptcy Code. The Bankruptcy Code is part of Title 11 of the United States Code. Chapter 7 is titled âLiquidationâ. Some other sections of Title 11 apply to Chapter 13 Debtors even though the rules are in different chapters. For example: Chapter 1 defines who can be a debtor.