Monthly Archives: September 2021
Business Bankruptcy Fraud: What It Is And How To Avoid It
Filing a business bankruptcy in New York can help to salvage a floundering company. It can also help in liquidating assets and eliminating outstanding debts, giving you the fresh start you need if the best course of action is to close your business. Bankruptcy is designed to help honest debtors facing financial problems, but… Read More »
How An Automatic Stay Protects You Against Creditor Claims In Business Bankruptcy
When your business falls on tough times and you have trouble meeting your debts, harassing calls and threatening actions on the part of creditors only make matters worse. Filing for business bankruptcy in New York can provide a solution to your financial problems while also putting an immediate step to collections actions. Find out… Read More »
Debt Consolidation Loans Versus Business Bankruptcy
Falling on hard times as a business owner is a humbling experience. While it is common to feel as if you are the only one struggling, the fact is that you are not alone. Many businesses go through difficult periods where they have trouble meeting their obligations. The number of debt consolidation loan offers… Read More »
Last Minute Payments To Certain Creditors Can Create Major Problems In Business Bankruptcy
Seeing your business suffer and debts go unpaid is one of the most frustrating experiences. Particularly if you have close and long-term relationships with certain creditors, it is natural to want to find a way to pay them prior to filing for business bankruptcy in New York. This is a potentially dangerous situation. Referred… Read More »