Monthly Archives: January 2022
How Filing For Bankruptcy Can Help Both In Selling And Salvaging Your Business
Many businesses are continuing to struggle since suffering major losses at the height of the COVID-19 pandemic. Mounting debts and lost profits may make closing your doors seem like the only possible option. Filing a business bankruptcy can provide a solution. In addition to eliminating debts and creditor claims, it can also provide a… Read More »
Filing Bankruptcy To Avoid Lawsuits A Common Tactic But Does It Work?
Filing for bankruptcy can help struggling companies remain in business. One of the advantages in filing a bankruptcy petition is that it can help avoid liability in lawsuits, but this practice can be controversial. Find out more about how one well known company’s use of bankruptcy is coming under fire and the ways it… Read More »
What To Expect If Your Small Business Files Bankruptcy
As a small business owner, one of the most difficult decisions to make concerns whether to file for bankruptcy. Our New York City bankruptcy attorneys provide the trusted legal guidance you need throughout the process. The following details what to expect, depending on the type of bankruptcy you file. Considering Closing Your Business? Chapter… Read More »
What Are The Common Causes Of A Business Bankruptcy?
Making the decision to file for bankruptcy is not easy for a business owner. Most subject themselves to months of overdue bill notices, legal threats, and other credit collections hassles while attempting to address all the potential underlying reasons for their current financial situation. Part of the decision making process is understanding exactly what… Read More »