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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As a business owner, you’ll do whatever it takes to maintain a strong balance sheet. However, things can take a turn for the worse when you least expect it, thus leading you to learn more about Chapter 11 bankruptcy among other options. While it’s not something you...
You work hard to make your trucking company successful. Over the years, you've learned to control many small problems that threaten your success. But you may struggle to control larger issues like a downturned economy or high insurance rates. When these problems put...
When your small Florida business falls on hard times, you can struggle to pay off all your debts. Between vendors, suppliers, your employees and the IRS, you can end up with multiple unpaid bills that affect your business. When you reach this state, you may consider...
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...
Small business owners with a lot of debt may decide to seek relief through a Chapter 11 bankruptcy. In some cases, it might be possible to continue operating your business during the pendency of your proceedings. Filing for Chapter 11 allows business owners to...
One benefit to debtors who file a Chapter 11 bankruptcy is the automatic stay. This procedure temporarily halts all collection activities, including repossessions, foreclosures and judgments. The automatic stay takes effect upon the filing of the bankruptcy petition...
Are you inundated by calls from debt collectors? Their efforts may be about to expand to other methods of communication if new rule proposals are implemented. The Consumer Financial Protection Bureau (CFPB) has proposed changing the rules for contacting debtors. To...
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. That can be a tough go for some owners...
Last month, one East Coast publication company sought Chapter 11 bankruptcy protection after it was unable to pay off several high-interest loans it had taken out in recent years. On Feb. 12., the company, Johnny Hanna & Associates LLC, filed papers indicating...
Owning a business is one of the most difficult things you can do in life, even if you have years of experience doing so. It doesn't get any easier when you have to deal with significant financial trouble and are considering bankruptcy. Today, we will explain the...
