When a business is having financial difficulties, there are a lot of options on the table to help them navigate through these rough waters. One of these choices is Chapter 11, though this doesn't necessarily mean that the company itself will have to shut down because...
Chapter 11 bankruptcy is often thought of as a filing that is meant only for corporations and big companies. However, Chapter 11 is also a possibility for smaller businesses, and indeed Chapter 11 filings are largely made up of smaller businesses. In this context, a...
Many companies file for bankruptcy out of pure necessity or simply due to it being the most viable financial path open to them in view of their circumstances. Of course, the stakeholders of any company filing for bankruptcy are invested in the proceedings but the...
Whether you are an individual or a business, filing for bankruptcy is never as straightforward as you may hope. Now, that shouldn't discourage you from filing if you really need the protection that bankruptcy offers. But it is meant to make you think. There are a lot...
