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July 2019 Archives

Review your options for a Chapter 11 bankruptcy

If you're a South Florida business owner who is struggling to keep your company solvent and your doors open, it can be quite frustrating to juggle bills every month and never manage to pay them all. In fact, you might even worry whether you will be able to continue making payroll for your employees.

Can Chapter 11 Bankruptcy benefit struggling trucking companies?

There are semi-trucks on the highway or freeway every day, so does it come as a surprise to hear the trucking industry is suffering? When these trucks go “too” slow, you may think they’re a nuisance, but you should consider the people behind the wheel. Many truck drivers worry about becoming collateral damage and losing their jobs in a struggling industry.

Why is Chapter 13 known as a 'wage-earner's' bankruptcy?

When Tampa debtors filing for bankruptcy have significant assets or income, they are ineligible for filing under Chapter 7, which is a total liquidation. While that might sound like a good deal, it also means that any non-exempt assets can be sold off to pay your creditors.

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