Debt Relief Options for Small Business Owners During COVID-19 Pandemic

Admin on December 15, 2020 Posted in Blog, COVID19

The new Subchapter V of Chapter 11 of legislation known as the Small Business Reorganization Act of 2019 became effective on February 19, 2020. Shortly after the act was passed, the COVID-19 pandemic began to impact the country. In recognition of the pandemic, the Coronavirus Aid Relief and Economic Security (CARES) Act was passed on […]

Tips on Navigating Chapter 13 Bankruptcy as a Business Owner

Admin on October 30, 2020 Posted in Blog, Chapter 13 Bankruptcy

No two bankruptcies are the same. While there are some cases where the person or business pursuing bankruptcy must liquidate assets as in Chapter 7 bankruptcy, other times a person might end pursuing Chapter 13 bankruptcy which means they need not worry about selling anything. Instead, Chapter 13 bankruptcy involves restructuring and reducing the amount […]

Questions Small Business Owners Should Ask Before Filing for Bankruptcy

Admin on June 30, 2020 Posted in Blog, General Bankruptcy

No business owner wants to file for bankruptcy. If you have to engage in this process, however, there are some critical pieces of information that you should know. Understand that in the right cases, bankruptcy can be invaluable. An experienced business bankruptcy lawyer can help you determine whether bankruptcy is the best option for your […]