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Monthly Archives: May 2021

BusinessBankruptcy

Frequently Asked Questions About Business Bankruptcy

By Harry D. Lewis |

Being a successful business owner requires the ability to anticipate potential problems and uncover solutions to address them. If your business is struggling financially, filing for bankruptcy might be your best option. However, questions you have about the process and the potential impact it could have may be holding you back from taking this… Read More »

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Involuntary Petitions In Bankruptcy

By Harry D. Lewis |

Filing for bankruptcy can help protect your business by eliminating certain debts and renegotiating payment on others. It allows you to maintain relationships with suppliers while preventing creditor harassment and additional collections actions. You may be reluctant to file for bankruptcy but it is important to be aware that if you are struggling in… Read More »

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Your Personal Liability In Business Bankruptcy

By Harry D. Lewis |

As a business owner, unexpected events can arise that impact your cash flow and your ability to make payments to suppliers and other creditors. Rather than allow these problems to jeopardize your business, filing for bankruptcy may be your best option. Business bankruptcy provides important protections but one of the most common questions we… Read More »

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Eliminating Debts Through Chapter 7 Bankruptcy

By Harry D. Lewis |

General downturns in business and ongoing impacts of COVID-19 have put many small businesses in jeopardy. Whether you are struggling to stay afloat or have already made the difficult decision to close your doors, filing a business bankruptcy can provide some much needed relief. It protects you against creditor harassment and legal actions, such… Read More »

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