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Monthly Archives: December 2021

Questions

The Five Whys: Questions To Ask When Considering A Business Bankruptcy

By Harry D. Lewis |

Businesses can run into difficulties for a variety of reasons. Calmly assessing the situation is key to uncovering possible solutions but when you are drowning in debts and facing harassing creditor claims, this can prove quite challenging. The ‘five whys ’ is a technique used in handling all types of problems and can be… Read More »

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Rebuilding After A Business Bankruptcy

By Harry D. Lewis |

As a business owner, filing for bankruptcy can allow you to reorganize debts, create more manageable payment plans, protect important relationships with suppliers, and prevent liens, property seizures, or other legal actions. Many companies have filed for bankruptcy only to come back stronger in the aftermath. The following details four simple steps that can… Read More »

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What Is A Fraudulent Transfer In New York Business Bankruptcy Proceedings?

By Harry D. Lewis |

People are often tempted to take desperate measures to save failing businesses, but these could have serious impacts if you file a business bankruptcy in New York. A fraudulent transfer can be reversed by the court and may result in accusations of bankruptcy fraud. Fraudulent Transfers In Business Bankruptcy Bankruptcy is an option provided… Read More »

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Contributing Factors That Continue To Drive Business Bankruptcy Filings Due To COVID-19

By Harry D. Lewis |

Over the course of 2020, the situation surrounding COVID-19 took a heavy toll. In addition to potentially life-threatening health impacts, widespread lockdowns, mask mandates, and social distancing all had dramatic effects on us individually and on businesses. While the situation has improved since then, there are still concerns about high case counts. There also… Read More »

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