Monthly Archives: August 2021
Common Mistakes Small Business Owners Make When Filing For Bankruptcy
As a small business owner, unexpected expenses and losses in profits can create major problems in both your personal and professional life. Filing for bankruptcy can provide a solution and is designed to provide the fresh start you need. Find out common mistakes to avoid during the process. The Biggest Mistake: Not Knowing When… Read More »
Companies That Bounced Back After Filing For Bankruptcy
Filing for Chapter 11 bankruptcy can help a struggling business stay afloat. Through the process of eliminating certain unsecured debts and restructuring payments on others, bankruptcy can provide the financial fresh start you need. Unfortunately, business owners often fail to pursue this as an option until it is almost too late. A common reason… Read More »
COVID-19 Closed My Small Business. Can Bankruptcy Help?
Recovery from the COVID-19 pandemic is underway and New York residents are eager to resume their usual activities. Unfortunately, it comes too late for some small businesses. If your business closed due to the pandemic, it is important to be aware of how filing for bankruptcy can help. How Bankruptcy Can Help Settle Outstanding… Read More »