Monthly Archives: June 2021
What Is A Creditors Committee In Chapter 11 Business Bankruptcy
If your business has suffered temporary setbacks or is otherwise going through a hard time, filing for Chapter 11 bankruptcy can provide the fresh start you need. Often referred to as a reorganization, it gives struggling companies a chance to protect their current assets against creditors’ claims, allowing them to remain in business while… Read More »
Five Warning Signs Your Business Is Headed Towards Bankruptcy
Large and small companies alike have weathered a wavering economy and drastic reductions in business over the past year due to the COVID-19 pandemic. As a result, for the first time since March of 2020 the rates for business bankruptcy have begun to spike. In many cases, filing for bankruptcy is the best option… Read More »
Five Qualities To Look For In Choosing The Best New York Business Bankruptcy Attorney
For businesses that are struggling, filing for bankruptcy often provides the fresh start you need. It can help you overcome financial hurdles and maintain profitability or protect you against liability in the event you decide to close your business. In either scenario, you want to have the best New York bankruptcy attorney on your… Read More »
Starting A New Business After Filing For Bankruptcy
Owning their own business is a lifetime dream for many people but numerous factors can undermine your success, causing your business to fail. If you filed business bankruptcy previously, it does not mean the end of your dream. Starting a new business after filing for bankruptcy is possible but there are potential issues you… Read More »