For Business Bankruptcy law certificate holders, “Board Certified – Business Bankruptcy Law – American Board of Certification” and for Creditors’ Rights law certificate holders, “Board Certified – Creditors’ Rights Law – American Board of Certification.”
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Sometimes, people talk about bankruptcy like it’s a bad thing. Realistically, it’s a protection that can help you get out of difficult financial situations and improve your financial outlook. As a business owner, you need to understand the benefits of using bankruptcy...
If you are a commercial fisherman struggling with your business, one of the options that could be open to you is Chapter 12 bankruptcy. If you have never heard of this kind of bankruptcy before, you’re not alone—many people learn about Chapter 11 or 7, but they don’t...
Business bankruptcy is a complex but sometimes necessary process. It allows struggling businesses to regain control after a difficult financial period, or it allows someone closing their company to limit personal liability for the company's losses. Regardless of...
Economic experts predict the pandemic and impending inflation will contribute to a surge in bankruptcy filings in 2022. The continued impact of the pandemic, from the initial wave of COVID-19 to the repeated spikes due to multiple variants have resulted in a workforce...
There is a lot of misinformation out there about bankruptcy, and if you believe that inaccurate information, it might stop you from filing. Bankruptcy exists to protect people when their debt reaches a point where they can't control it or when they unexpectedly lose...
Starting a bar or a restaurant is notoriously hard. Some estimates claim that about 80% of all restaurants go under in the first five years. It’s even 60% in the first year. If you’re an owner who made it through a single year without folding, you’re already running...
The hospitality industry is one of the biggest industries in the state of Florida. Thousands of people work for hotels, motels and other hospitality businesses across the state that cater to tourists and business people alike. There are also many independent owners...
As a hotel owner, you likely don't need anyone to remind you of how destructive natural disasters, medical crises and issues with the economy can significantly impact your operations. These different phenomena may not only cause physical damage to your property,...
Businesses, just like individuals, can go through times of financial hardship. Maybe you run a residential real estate rental company and have non-paying tenants who have left you behind on your bills. Perhaps you ran into some issues with a supplier and had to close...
Chapter 12 bankruptcy is a unique form of bankruptcy designed for agricultural businesses. With a Chapter 12 bankruptcy, farmers who are dealing with debt can look for “cramdown” solutions, which help them reduce their debts significantly by comparing the value of a...
