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Do you know what to expect when your business files Chapter 11 bankruptcy? Part 4: Do you have all the professionals in place?

October 17th, 2017  | Bankruptcy  | Business

In addition to a company bankruptcy lawyer, there are significant accounting and reporting requirements that must be fulfilled while your company’s Chapter 11 bankruptcy is pending. The company may need to hire an accountant to help fulfill the […]

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Do you know what to expect when your business files Chapter 11 bankruptcy? Part 3: Are all the key members or shareholders on board with filing bankruptcy?

Do you know what to expect when your business files Chapter 11 bankruptcy? Part 3: Are all the key members or shareholders on board with filing bankruptcy?

October 16th, 2017  | Bankruptcy  | Business

If there is more than one owner in a company that may be a candidate for Chapter 11 bankruptcy, a majority in voting interests must approve bankruptcy as a the right course of action. Business owners should discuss […]

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Chapter 11 business basics: Part 2: Have you hired your own attorney to represent you during your company’s Chapter 11?

Chapter 11 business basics: Part 2: Have you hired your own attorney to represent you during your company’s Chapter 11?

October 13th, 2017  | Bankruptcy  | Business

It is important for business owners to understand that the attorney that files bankruptcy for the company is not the owners’ personal attorney. While the bankruptcy attorney may keep the owners’ goals for the business in mind while […]

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Do you know what to expect when your business files Chapter 11 bankruptcy? Part 1: Have you found the right attorney to represent your company?

Do you know what to expect when your business files Chapter 11 bankruptcy? Part 1: Have you found the right attorney to represent your company?

October 11th, 2017  | Bankruptcy  | Business

Chapter 11 bankruptcy is a great tool to restructure the finances of a business in financial distress. Chapter 11 allows the owners to continue to operate the business while renegotiating loans that have become too burdensome for the […]

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3 ways to protect your financial health

3 ways to protect your financial health

August 3rd, 2017  | Bankruptcy

There are some common pitfalls that can cause financial distress and lead to bankruptcy. Here are some of the easiest ways to avoid bankruptcy: 1. Don’t sign on the line Co-signing with a friend is a mistake! As […]

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