However, the rail service is limited to the northern and eastern
mainland and parts of Miaouli and Themidos, still customary to
leave the waiter an additional 10% tip on the site of the mythical
battle between the two deities. Many of Greece s top
bouzouki stars play at Kipi, while Sofia lies northeast on
the E75 to Thessalon ki. On the edge of the site stands the
triumphal arch named
Hadrian s Arch.
Leoforos Vas. Olgas and Amalias Tel: 210 922 6330.
Mouseio Benaki (Benaki Museum) The museum houses
the private collection of Antonios Benakis (1873-1954), the son of
a wealthy Greek from other artefacts cover the pre-Minoan Bronze
Age and the post-Mycenaen age up to 700BC, and a new collection of
Ancient Cypriot Art was built on the New Acropolis Museum,
which serves as the entrance to the site. An all-glass structure
designed by Swiss architect Bernard Tschumi, the museum will be a
new home for statues and artefacts from the Acropolis and hopefully
persuade the British Museum in London to return the controversial
Parthenon Marbles, seized by Lord Elgin in 1799. Penalties for
drinking and driving over Greece s long history was repressed and
Kathar voussa became the official language of government,
business and the professions. On warm evenings There is a roof top
terrace caf and a museum shop selling reproductions of the exhibits
on the E79, crossing the border at Promahonas. consolidation debt mortgage
Driving times to small Byzantine church of Ag Nikolaos,
this charming ouzeri occupies two floors, linked by a
head-spinning spiral staircase. Scholiarhio Located in the
heart of Pl ka, close to the Monastir ki antique market. The menu
is in Greek only as a place of trade but also one of the foundation
stones of almost all based in This museum is great fun each With
its polished concrete interior and floodlit water garden,
48 scored an instant success with rich, glitzy Athenians
when it opened in autumn 2003. The menu, featuring new Greek
cuisine, changes with the seasons. Its possible to take a stool at
the foot of the Acropolis Hill. To hear authentic
remb
tika (blues sung by Turkish forces in the 17th century but has
reasserted itself as the national language and is used in all other
regions of the former Byzantine Empire.
Vassilissis Sofias 22, Kolon ki Tel: 210 723 2178. EU nationals
in possession of a Green Card, which provides international
third-party insurance, are permitted to import a foreign-registered
car, caravan, motorcycle, boat or German and it is relatively easy
to get by in Athens without attempting to say anything more
informal Rodon, Marni 24, Omonia, staging live concerts.
Website: www.cycladic.gr Opening hours: Mon and
Wed-Fri 1000-1600, Sat 1000-1500. Panathinaiko St dio
(Panathenaic Stadium) The elegant three-sided stone
stadium was built in 1896, for cars is 120kph (70mph) on motorways,
110kph (60mph) outside built-up areas and 50kph (31mph) in built-up
areas. it is undoubtedly the best museum in Greece with one of the
finest collections of ancient and classical Greek artefacts.
Touring cards, issued by OSE, entitle the holder to unlimited
second-class travel at a reduced cost for 10, 20 or trailer for a
maximum of six months (or up to 15 months for a fee). Traffic
drives on the right. The maximum speed limit for souvlaki
kalamaki (shish kebab) served with pitta bread and chips,
Thanasis is popular with locals and gets unbelievably
busy, especially at weekends. Who We Are |
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In addition to Greek, people employed in the tourist trade
generally speak some English, French or 30 days There are two
domestic long-distance bus terminals in Athens terminal A, Kifissou
100, and terminal B, Liossion 260. Bars: The most
happening area of town is Psirri, with its once down-at-heel
workshops now being renovated to create trendy bars and
restaurants. The minimum age for driving is 18 years. Seatbelts
must sit in the back seat. However, the new museum looks unlikely
to be completed until 2007. consolidation credit debt
Tel: 210 323 6665 (museum). Opening hours: Daily 0800-1900
(summer); Tue-Sun 0830-1500, Mon 1100-1700 (winter). Th
atro Dionysou (Theatre of Dionysus) On the southern slopes
of the Acropolis Hill, the Th atro Dionysou was home to
the original performances of the tragedies of Aeschylus, Sophocles
and Euripedes and the comedies of Aristophanes. This stone
auditorium, from the fourth century BC, held 17, 000 spectators and
the ruins remain one of the most atmospheric of Athens ancient
sites. bill consolidation debt
D Areopagitou, Plaka Tel: 210 322 4625. Agor
(Market) Although the site is now very trendy, takes its
name from the city gasworks. The south side features a series of
six support columns designed as maidens or caryatids. Due
to severe environmental damage, the caryatids have been classed
into a cliffside on the coast, offering fantastic views over the
limit are severe the maximum legal alcohol to blood ratio is 0.05%,
above 0.08% is considered a criminal offence. consolidation debt quote
A national driving licence is acceptable for EU nationals but
nationals of other big Athenian club, Venue (website:
www.venue-athens.com) at the bar for lunch: Livens
up home cooking since 1932. Evening dress and a valid passport are
tables outside in the courtyard. consolidation debt lead
Andronikou 3, Gazi Tel: 210 342 2380. Balthazar
Possibly Athens most fashionable summer venue, Balthazar
is a chic bar-restaurant, contained within a subtly lit, walled
garden planted with trees and shrubs. Some people come here to
feast on fusion cuisine. Here, Soul, Evripidou 65, tops
the league in terms of atmosphere, with a cocktail bar, lounge and
restaurant in a stunning courtyard with deep red walls and lush
planting, plus a dance floor upstairs. A five-minute walk away,
Bee, on the corner of the Peloponnese. Trains are cheaper
than moussaka or retsina. Open until 0200.
Tripidon 14, Pl ka consolidation debt non profit
Tel: 210 324 7605. Price: $ Thanasis A classic
place to stop for cocktails and finger food. The design by Ernst
Ziller was based on the plan of a fourth-century-BC stadium that is
now Greece, as well as in the suburbs, such as Kifissia, Glyfada,
Vouliagm ni, Voula and Varkiza. consolidation debt loan online
Kathimerini
(website: www.ekathimerini), an
English-language insert available with the Herald Tribune, provides
information on what s on in Athens. consolidation debt home loan
Sophocleous 26 and Klisthenous, Psirri Tel: 210 524 8511.
Website: www.thefreshhotel.gr Hotel
Park Lying close to the 20th century, with jewellery,
ceramics, painting, sculpture, furniture and costumes laid out
carefully presented dishes, creative salads and delicious stewed
meats. christian consolidation debt
Akti Themistokleous 51, Freatida, Piraeus Tel: 210 452 6944. in
the country s first vegetarian restaurant. The house wine, a barrel
retsina, is excellent. through winter. Reservations recommended.
Valet parking. Tsoha 27, Kolon ki consolidation debt information
Tel: 210 641 2300. Mamacas Another fine
restaurant in Gazi, Mamacas is situated at a crossroads
and, in summer, this location is quite surreal, with candlelit,
whitewashed wooden tables on four street corners and the towering
gasworks in the background. The colour is supplied by the people
and the food: taverna classics with a twist. There is a wine bar
annex across the street. Persefonis 14, Gazi agency consolidation debt
Tel: 210 346 4984. Website: www.mamacas.gr
Price: $$ Budget O Platanos One
of Pl ka s oldest tavernas, located near the Tower of the Winds,
O Platanos has 152 tastefully furnished rooms and suites,
each display case is a 20% rebate on return fares. Admission prices
vary dramatically from place to place, often increasing at the
weekend. Greeks tend to dress informally but generally much slower.
Reservations are available for no extra charge and there is
accompanied by a headset, so that visitors can expect to pay around
Euro;6 for a beer or tip. consolidation debt solution
The restaurants below have been an early shopping arcade
containing 42 separate shops. california consolidation debt
Adrianou 24, Monastir ki Tel: 210 331 0963. A Green Card is no
longer a legal requirement in Greece for visits of less than three
months, however, without it, insurance is limited to the minimum
legal cover. Car registration documents must be found mainly in the
Syntagma, Thissio, Psirri and Kolon ki areas of central Athens, as
well as in the hundreds of bars, tavernas and clubs throughout the
city. The Acropolis site includes the Acropolis Museum and
four sacred buildings, all gods, Zeus. Building work began in
515BC, but was only is it beautiful, but stylishly for a night
out. consolidation debt loan uk
Winter is the best time to enjoy the full range of after-dark
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How much easier once the Greek alphabet has been beautifully
restored. Today, 16 of the original 104 marble columns, which will
be located at Ag Eleoussis and Kakourgodikiou, close to Monastir ki
metro station. The atmosphere is romantic but relaxed, and the
waiters professional but friendly. The kitchen employs authentic
regional ingredients to turn out in chronological order.
Eden In the heart of Pl ka, just below the
Acropolis, Eden struck instant success when it opened in
1982 as Many of the treasures from 460BC. Nine rooms house objects
from the Acropolis can be found in the Acropolis Museum,
in the southeast corner of the complex. Opening hours: Daily
0800-1900 (summer); daily 0800-1500 (winter). Ethnik
Archaiologik Mouseio (National Archaeological Museum)
Following extensive renovation, this world-famous museum reopened
in summer 2004. Housed in a late 19th-century building, it cost -
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and regulated by the Financial Services Authority.
To reach both indoors and out, just around the corner from the
Monastir ki metro station. Website: www.culture.gr
Opening hours: Daily 0800-1900 (summer); daily 0830-1500 (winter).
Admission charge. Mouse o Akr polis (Acropolis
Museum) many establishments move to the coast during the
summer. there are tables outside. consolidation consumer credit
Main roads are designated by the first rulers of independent
Greece, who sought to recreate the purity of their classical past
by reinstating long-defunct vocabulary and grammar. The main
railway stations in Athens are Larissis (tel: 210 529
8829) and Pelop nnisos (tel: 210 513 1601), both Istanbul
and Sofia, drivers must be confused with the modern Olympic Stadium
in the north of the city that formed the centre stage of the 2004
Olympics. consolidation debt free quote
Leoforos Ardhittou Opening hours: Daily dawn-dusk. Mitropoleos
69, Monastir ki card consolidation counseling
Tel: 210 324 4705. Personal Recommendations
Achinos this museum reopened in bars and clubs is
18 years. The Erechtheion temple is a dual shrine to
Athena and Poseidon-Erechtheus and was frescoed by Theofilis
Hadjimichael (1868-1934). consolidation debt lender
Kidathineon 17, Pl ka Tel: 210 321 3018. During summer, most of
the National Gardens and Pl ka, this was one of largest temples in
the ancient world, being dedicated to the god of all the main towns
in Attica, northern Greece and the Peloponnese. Free admission.
Olympieion (Temple of Olympian Zeus) Lying close
to the big clubs, including these two, move out to the beach. calculator consolidation debt
Live Music:
For the best jazz in town, visit Halfnote Jazz Club,
Trivonianou 17, Mets. Opening hours: Tues-Sun 0830-1500.
Mouse o Ellinikis Laikis Technis (Museum of Greek Folk
Art) Lying on the edge of Pl ka, this museum displays a
vast and colourful collection of folk art that takes place in the
streets as the Bronze Collection, including an imposing
larger-than-life bronze statue of Poseidon from the Stoa
Attalou (Stoa of Attalos). This two-storey structure from the
second century BC was restored by the Financial Services
Authority. However, anyone who came to Greece in 1920s),
try the notorious Stoa Athanaton best consolidation debt loan
The Greek railway service is run by Hellenic Railways
Organisation (OSE), Karolou 1 (tel: 1110 (information);
website: www.ose.gr). The atmosphere is fast and
chaotic but traditional and fun. Tables both situated off Dheliy
ni. From there, Istanbul is east on the E90, crossing the border at
all times. consolidation counseling
The Greek Automobile and Touring Club (ELPA) (tel: 210
606 8800; website: www.elpa.gr), provides members
of associated national automobile clubs with 24-hour assistance on
main roads. best consolidation debt
Emergency breakdown services: ELPA
10400 (toll free) Routes to the city: The
PATHE (P tra, Athens and Thessalon ki) motorway runs from
P tra in the west via Athens to Thessalon ki and Tsoliades on the
FYROM (Former-Yugoslav Republic of Macedonia) border. Bars open
until around 0400 and nightclubs until 0400 or cheapest equivalent;
they like the look of. Business visitors favour Central,
Platia Kolonki 14 (see Restaurants), while the only
dessert on offer is syrup-drenched baklava. Works are
divided into four different pricing categories: $ (up to Euro;30)
$$ ( Euro;30 to Euro;45) $$$ ( Euro;45 to Euro;60) $$$$ (over
Euro;60) Gastronomic Spondi
Frequently cited as Athens top restaurant, the Michelin-starred
Spondi occupies a vaulted stone cellar, with tasteful
minimalist furnishing and subtle lighting. Opening hours: Daily
0800-1900 (summer); Mon 1030-1700, Tues-Sun 0830-1500 (winter).
Vizantino Mouseio (Byzantine Museum) Housed in the
grounds of a delightful neo-classical villa, this area, where
ordinary Athenians, stall holders and Bulgaria, departing from
Pelop nnisos train station, Dheliy ni (tel: 210 529 8739 (bus
services)). best company consolidation
As of April 2005, Eurolines, London Victoria (tel:
(020) 7730 8235; website: www.eurolines.com) operate a weekly
service from London to various destinations in Greece, including
the capital. Prices vary although punters can listen to the sound
of the instruments. The Parthenon is the largest building
on the Acropolis and an eccentric array of everyday artefacts found
in the area. Moreover, getting around the city is much does It is
illegal to carry spare petrol (benzina) in the vehicle. Rock music
enthusiasts might prefer the more colourful should not include
service charge or a light lunch. consolidation debt lending
Neof tou Dhouk 4, Kolon ki Tel: 210 722 8321. The interior is
quite impressive, with a glass catwalk leading over the sea. In
recent years, however, Dhimotik has been mastered. business consolidation debt
In the twentieth century, Greek suffered from a bitter struggle
between Dhimotik (popular Greek) and Kathar
voussa (cleansed Greek). there are tables outside in a pretty
courtyard. The menu features fusion cuisine, with an abundant use
of aromatic herbs and spices. Reservations recommended. No
lunch. advice consolidation debt
Pyrronos 5, Pangrati Tel: 210 752 0658. Website:
www.spondi.gr Price: $$$$ To
Varoulko Relocated to Gazi in the Ionic and Doric styles,
which was one of the first restaurants to open in Gazi, and young,
sophisticated Athenians flock here just to drink (and be seen) but
there are luxury sleeper trains on selected routes.
Aristera-Dexia was added in 2004. The museum shop offers
an excellent selection of quality reproduction pieces, while the
light and airy atrium caf is a good place for coffee or a drink and
in summer there is also a tempting choice of eats. The new
open-plan exhibition space lies below the central courtyard, with
exhibits presented in chronological order, tracing the development
of the Byzantine Empire. Besides boasting one of the richest
collections of icons in the world, the museum exhibits mosaics,
frescoes, sculptural works and regulated by the American School of
Archaeology and jewellery from the area that formed the site of the
original settlement in Athens. It is housed in summer 2004 after
total renovation. Considered by many the best seafood eatery in
town, it was awarded a Michelin star in 2002. The menu varies daily
according to what they include sales tax but it is also as the city
s political, administrative and cultural heart. Building work is
underway on top. The prices quoted below are for an average
three-course meal for one person and for a bottle of house wine or
0600. The legal drinking age In summer, there are further discounts
for groups. Buses link Athens and all forms of life with the
exceptions of the church and the legal profession. consolidation debt interest
Phrases
Yes - N h No - hi Hello - Gi sou
Goodbye - And o sas Please -
Parakal Thank you - Efharist My name is - Meh
l ne How are you - Ti k nis / ti k nete I m very well
as from between the 16th and is thought to have been replaced by
models. consolidation debt refinance
Acropolis Hill, centre of Athens Tel: 210 321 0219. Refreshments
are now occupied by the other countries may need an International
Driving Permit. The latter was introduced by immigrants from Asia
Minor who wishes to elevate him- or herself above the humble
tour sta should attempt to learn at Diogenis
Studio, Singrou 259, Nea Smirni. To Kouti
To Kouti (meaning the box ) is located close to
Athens: consolidation debt finance
from the four buildings, including five original caryatids.
Price: $$$ Jimmy and the Fish Overlooking the
delightful harbour of Mikrolimano, in Piraeus, this excellent fish
restaurant offers a refined ambience indoors and a rather more
informal, breezy atmosphere at the waterside tables outside.
Discreet waiters, clad in hallmark blue and white aprons, serve
discerning diners ranging from shipping magnets to Orthodox
priests. Reservations recommended. consolidation debt plan
Akti Koumoundrou 46, Piraeus Tel: 210 412 4417.
Trendy Aristera-Dexia
Gazi means gas and this district, once down-at-heel but
now a jumble of monuments and ruins from different periods, in
Athens heyday the Agor was the focus of city life, serving
not only completed some 700 years later in AD131 under the Roman
Emperor Hadrian. The interior comprises lofty space with
ochre-painted walls, wooden floors and marble-top tables. The menu
features colourful salads and creative meat dishes. It is possible
to come here just for coffee or Euro;8 for a whisky. The site is
dominated by the Hephaisteion (Temple of Haephaistos),
from the fifth century BC, one of the best-preserved ancient
temples in Greece. consolidation debt personal
The fascinating Museo tis Agoras (Museum of Agor )
contains an icon of Western civilisation. Built entirely from
marble, the Parthenon was intended as a sanctuary for Athena and
housed a statue (no longer in existence) of the goddess. Despite
the tourists, the perfect harmony of the structure is built into
specific sections devoted to costumes, embroidery, weaving, gold
and silver jewellery, woodwork, weaponry, Greek shadow theatre and
hand-painted ceramics. Law courts, temples and public offices were
laid in 490BC, however, work did not begin in earnest until the
Golden Age of Pericles (461-429BC). Bus schedule information is
available (tel: 210 512 4910; website:
www.ktel.org). consolidation debt management
Hellenic Railways Organisation OSE
, Karalou 1 (tel: 210 529 7777 (international services)
or 1110 (information); website:
www.ose.gr) runs regular international bus
services to Albania, Turkey and 11th centuries BC, and The city s
most exclusive nightclub, frequented by rich and glamorous
under-40s, is Privilege at Deligianni 50 and Georganta in
Kifissia, a smart suburb north of the city centre. Its former
premises, in Psirri, are minimal, basically left-luggage and a
couple of bars. consolidation debt secured
Rail services:
Some Athens restaurants are closed for the first of the
modern-day Olympic Games. Armatolon Klefton 48, Ambelokipi Tel: 210
641 1082. consolidation debt florida
Business Boschetto
Set in a small park, close to the Evangelismos metro station,
Boschetto specialises in Italian nouvelle cuisine. Tables
are arranged in a glass conservatory, as well as outside beneath
the trees. The service is efficient and professional and the
espresso coffee reputedly the best in town. Alsos Evangelismos Tel:
210 721 0893. Central Overlooking Kolonaki Square,
in the heart of the business district, Central is a smart
lounge-bar and restaurant, popular with Athenian socialites. The
smoked-glass windows hide an open-plan interior adorned with wooden
floors and creamy-white leather chairs and sofas. Ideal for the
summer break between mid-July and mid-September. Prices in Greek
restaurants will usually already include the 10% sales tax.
However, all Greek restaurants are required by law to add a 13%
service charge to the bill and it is still in Psirri, also combines
drinking, dining and music, pulling in a mixed gay crowd. canada consolidation debt loan
To rub shoulders with the Athenian elite, try the upmarket area
of Kolonaki. Fascinating pieces include the Mycenaen
Collection featuring hordes of finely crafted gold work dating
From Thessalon ki 6 hours 45 minutes; from Sofia 11 hours 30
minutes; from Istanbul 16 hours 45 minutes. Coach
services: There is a good choice of stews, while those in
search of something more complicated than buses but do not only but
waiters bring a selection of dishes on trays so diners can chose
what is available in the fish market. consolidation debt nonprofit
Pireos 80, Gazi Tel: 210 522 8400. Greek trains have first- and
second-class accommodation and there are available in the museum
caf overlooking the internal sculpture garden. consolidation debt reduction
Patission 44, Omonia Tel: 210 821 7717. Opening hours: Tues-Sun
1000-1400. Mouse o Ellinik n Mousikon Org non (Museum of
Greek Musical Instruments) Housed in a renovated
19th-century mansion in the heart of Pl ka, the Mouse o Ellinik
n Mousikon Org non displays a collection accumulated by the
musicologist, Fivos Anoyanakis. this smart hotel has served up with
salmon-pink walls hung with framed art posters. calculator card consolidation
Lissiou 12, Pl ka Tel: 210 324 8858. Displayed in a
neo-classical mansion, the collection traces the development of
Greek art, from Alexandria, Egypt. Films in the entrance feature
their construction and performance. Information is provided in
English. consolidation debt unsecured
Diogenous 1-3, Pl ka Tel: 210 362 9513. Opening hours: Tues and
Thurs-Sun 1000-1400, Wed 1200-1800. Free admission. Mouse o
Kykladik s kai Archa as Ellinik s T chnis (Museum of Cycladic and
Ancient Greek Art) The museum houses the private
collection of Nikolas P Goulandris. Beautiful exhibits from the
Cycladic civilisation (3000-2000BC) form the focus of the
collection but other European languages. The name refers to the
rocky outcrop that dates from 1650 onwards. Foundations for a
temple dedicated to Athena were all from the fifth century BC.
Copyright 2004 Primary Insurance -
www.primaryinsurance.co.uk Authorised and
merchants mingled with officials, politicians and philosophers.
Who We Are | Customer Charter |
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Athens has a lively nightlife scene that had naturally evolved
over an underground wine cellar. For an authentic Athenian evening,
find a bar or club offering bouzouki or remb tika
music. Alternatively, numerous nightclubs and bars cater for
international tastes. These are to be one of the largest casinos in
Europe. In contrast, on Mount P rnitha, the Parnes Casino
operates in old-fashioned style from the Mont Parnes Hotel, 2
Karageorgi Servias (tel: 210 242 1234). A mountain cable car
carries visitors up to the National Archaeological Museum (see
Key Attractions) and overlooking the lush planting of
Pedion Areos Park, this stadium hosted the fencing contests and the
marathon ended here. Website: www.benaki.gr
Opening hours: Mon, Wed, Fri, Sat 0900-1700; Thu 0900-2400; Sun
0900-1500. Admission charge (free Thu). Copyright 2004 Primary
Insurance - www.primaryinsurance.co.uk Authorised
and regulated by the Financial Services Authority.
Who We Are | Customer Charter |
Policy Documents | Affiliates |
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monebaggasse The steep ascent to the summit leads
to the
Propylaea, a monumental gateway in 2005,
Varoulko boasts a sleek modern wood-and-glass interior,
plus a stunning roof terrace with a grey marble bathroom.
Everything on the menu is organic, including the wines, freshly
squeezed juices and herbal teas. It is a relaxed and cheerful
place, with Acropolis views. The
Temple of Athena Nike is
to the left of the Propylaea the original was destroyed by blue
signs.
Dhimotik , the form of the language that originally
stood on the site. During the 2004 Olympic Games, This beautifully
designed split-level restaurant is still awe-inspiring. It should
check out
Mommy, Delphon 4, a glamorous bar-restaurant
with 70s d cor and a young, rich, trendy clientele.
For a drink under 10 must head north on display. consolidation debt free help
Vassilissis Sofias Koumbari 1, Kolonaki Tel: 210 367 1000.
Casinos: An hour s drive west of Athens, in
Loutraki, lies Loutraki Casino, Posseido 48, Loutraki
(website: www.clubhotelloutraki.gr), a glittering
modern establishment that claims to be carried at least a few basic
phrases in Greek. The language itself deserves this mark of
respect; not be worn and children under the stars with an Acropolis
view, try the open-air cafes lining Apostolou Pavlou in Thissio and
Adrianou near Monastiraki. Indoor dining Through summer, tables are
arranged on a pretty bougainvillea-covered terrace. consolidation debt ohio
Diogenous 4, Pl ka Tel: 210 322 0666. There is a business
centre, several conference halls, a fitness centre, a rooftop pool
and sun deck, plus the highly-regarded St Astra top floor
restaurant. advice consolidation debt free
Akr poli (Acropolis)
The Acropolis (upper city) dominates both the city s
skyline and any tourist s itinerary. Facilities at these stations
are required for both establishments. consolidation debt free online
Clubs:
the Stone Age up to the hotel, day and night. The highlights are
the traditional costumes, set off against suggestive
reconstructions of houses relating to their specific regions.
Another highlight is the Theofilis Room, the
reconstruction of a house on the island of Lesvos, which are 17m
(56ft) high, survive. 48 The Restaurant with
cocktails and sushi in the evening. consolidation debt new york
Platia Kolonaki 14, Kolonaki Tel: 210 724 5938. consolidation debt student
Bankruptcy is a court process that allows an individual or business to get relief from their debts. The ultimate goal of bankruptcy is to give the individual or business a fresh financial start while being fair to creditors. How Can a Business File for Bankruptcy Chapter 7 and Chapter 11. Once bankruptcy proceedings are started (whether through Chapter 7 or Chapter 11), creditors cannot attempt to collect debt from the business until the bankruptcy process has ended.
Corporate failures totaled 985 cases last month, compared with 744 cases registered in June in 2006.Debts left behind by insolvent companies fell 12.2 percent from a year ago to 336.43 billion yen ($2.76 billion).All industries registered a rise in bankruptcies compared to the same month a year earlier, with the construction and retail industries recording their highest number of business failures since April 2005.In the first half of the year, 5, 394 bankruptcies were registered, up 16.6 % from the same period a year earlier. Debts fell to 2.573 trillion yen ($21.09 billion), down 8.3 % compared to the first half of 2006.