Your small business is your pride and joy, and you’ve always hoped that it would be something you could pass on to your kids. Unfortunately, difficult financial times have affected you and made it hard to pay your contractors, employees and others. Chapter 11...
Month: March 2020
The basics of Chapter 11 proceedings for businesses
Businesses have many moving parts, and sudden disruptions or changes can throw everything into chaos. Anything from a sudden sharp decline in the supply of key components for a product you make to decrease in consumer demand because of social isolation protocols could...
Chapter 7 could be the right kind of bankruptcy for your business
When you think about Chapter 7 bankruptcy, do you imagine a bankruptcy for a business or an individual? Often, this kind of bankruptcy is seen as something that consumers use, but the truth is that it can be beneficial for businesses as well. If you’re struggling with...