chapter 11 bankruptcy for businesses

It is a simple fact that businesses can acquire cash flow issues at some point in their development. This does not mean that the business itself needs to fail or that the services they offer need to be fundamentally changed. But it can mean that the business gets into...

The parent company of Winn-Dixie is considering another bankruptcy process that could result in the closure of 200 stores in the area. If that happens, it would leave loyal Winn-Dixie shoppers in Florida forced into buying their food at other stores. News outlets are...

If you are the owner of a small business and want a fresh start from your debts, then you have many options open to you. It is important to remember that by filing for bankruptcy, you are not admitting defeat, but instead taking action to strategically move forward....

Chapter 11 bankruptcies are excellent tools available to both small business debtors and other consumer debtors. They offer relief from unmanageable debt to those who qualify. However, the procedure does not treat all groups of debtors equally, and offers a number of...

There are many instances when businesses become in dire need of a fresh financial start. Debts can become a vicious cycle of repayments and inability to meet those repayments, ultimately incurring further costs. If you are the owner of a small business, you may want...

If a business is going through hard financial times, the most important thing is to find a way to get the debts repaid, while at the same time maintaining and growing the current business streams. This can be a hard act to juggle, and there are many possible...

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...

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...

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...

Bankruptcy can change how you go about filing your taxes. One of the worst mistakes you can make is assuming that the way you've filed them at other stages in your life is the same approach you'll use when your bankruptcy is still pending or recently wrapped up....