Being a small business owner has its perks, but it is not for the faint of heart. Especially in the first few years when there are operational costs that might exceed the revenue generated, it can feel like a losing proposition. That makes it challenging to know when...
Representation With Dignity Since 1987
Month: January 2019
Should farmers consider filing for Chapter 12 bankruptcy?
The United States is approaching uncertain financial times once again. The outcome of some trade wars with foreign governments can have a negative effect on America's farmers and their ability to get top prices for their harvests. This trickle-down effect can put...
Anticipated increase in farm bankruptcies didn’t materialize
Despite a cavalcade of precursors and dire predictions, Chapter 12 bankruptcy filings in the U.S. were down 8 percent in fiscal year 2018. The predictions were based on a low net farm income, rising ag debt and interest rates, dragging commodity prices and rising...
Is the shutdown leaving you in debt? Look at your options
If you are a federal worker in or around Tampa and are furloughed right now -- or worse, working without pay -- you may be struggling mightily to make ends meet. You might not be fortunate enough to have an emergency stash of cash to meet your basic needs and pay the...
It doesn’t hurt your credit rating to check your score
When was the last time that you checked your credit score? Has it been awhile? Maybe you are afraid to see how bad it really is, or perhaps you mistakenly believe that checking your credit score can damage your credit rating. That is not the case, and it is actually a...
What is an involuntary bankruptcy?
Debt takes a heavy toll on those who owe and sometimes forces them to seek relief via bankruptcy. But there is a little-known tool that creditors can use to get their money -- involuntary bankruptcy. Most people have never heard of this underused process creditors can...