In the years since 2013, farmers across America have endured hardships due to the decreasing real value of agricultural produce such as livestock and crops. Shockingly, between the years of 2013 and 2016, there was a reported 45 percent decrease in the net income of...
Representation With Dignity Since 1987
Year: 2017
Are you eligible for Chapter 11 bankruptcy?
Chapter 11 bankruptcy is a way for an individual person or a business to be able to make the necessary changes in reorganizing their payments, debts and income streams. It also is very helpful for those struggling with trying to get on top of their payments while they...
Avoiding bad credit in bankruptcy
Filing for bankruptcy is often seen as a last resort, mainly because of the consequences many see it as having. Many people believe that going through a bankruptcy will result in you losing your home, car, other important possessions and being left with a terrible...
Chapter 11 bankruptcy can be a good thing for business
When thinking about your business, you know that failure is not an option. Unfortunately, 80 percent of new businesses fail within the first 18 months, according to Forbes. What options do owners have when a business is in the doldrums? Legal options are available to...
Asset liquidation and Chapter 12 bankruptcy
When you are going through Chapter 12 bankruptcy, especially if you are in the farming business, it is likely that you will be wanting to avoid the liquidation of large assets. Chapter 12 allows for the possibility to do this because it means that you are able to...
Individual bankruptcy: Filing Chapter 11
Chapter 11 bankruptcy concerns itself with helping people reorganize their debts, their income and their methods of repayment. It is a great solution for a business, because it offers a way to enable businesses to change the means of their revenue stream. However,...
The financial impact of Hurricane Irma on Florida farms
Hurricane season is upon us, and Hurricane Irma has tragically led to destruction across Florida. It has threatened our lives, property and unfortunately will have implications for months or maybe even years to come. The full extent of the damage is still not easy to...
Can Chapter 13 bankruptcy payments be lowered?
When filing for Chapter 13 bankruptcy, you will have already had some financial trouble in repaying creditors. The purpose of Chapter 13 is to help people repay their debts in a way that they can afford, and to stop the harassment from creditors. It is already a great...
Tampa Bay nursing home files Chapter 11 bankruptcy
It has been announced that the GraceWood rehabilitation and nursing care facility has filed for Chapter 11 bankruptcy. They have decided to reorganize their business largely due to an overwhelming amount of accusations and consequential fines relating to patient...
Reporting requirements for Chapter 12 bankruptcy
In the case of a Chapter 12 bankruptcy, a voluntary petition should be filed, and after this has been filed, a United States trustee may want to meet with you along with your attorneys. This is generally held within seven to 10 calendar days after the voluntary...