Depending on the type of business you operate here in Florida, your profits may be cyclical. Often, the profits made during the summer months at the height of the tourist season must carry the business through the leaner seasons.
As a small- or mid-sized business owner, you put extensive time, energy and resources into your business. Whether you own a Tampa hotel, restaurant, strip mall, apartment complex or more, the first sign of budgeting or financial troubles may worry you. Yet, when the problem continues to escalate, you may need to consider other options.
If you are staggering under a mountain of debt and have a second mortgage on your home, you may wonder if you could benefit from lien stripping under a Chapter 13 bankruptcy filing.
Indebted consumers who are struggling with a mountain of debt are prime targets for con artists and scammers. The crooks realize that desperate people often are frantic to get out of their financial distress, and they exploit this vulnerability.
If you have filed for a Chapter 12 bankruptcy, you likely heard from your attorney about the need to file a debtor repayment plan within three months of your filing the petition for bankruptcy.