One of the primary concerns of some business owners when they need to file for bankruptcy is what will happen to the employees. Sometimes these employees have been with them for years and have helped build the company. They might be worried that the employees won’t...
Month: September 2020
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Does your business need to file for Chapter 11 bankruptcy?
Henry Ford said, “Failure is simply the opportunity to begin again, this time more intelligently.” In order to begin again, most companies will need a little financial forgiveness. Filing for Chapter 11 bankruptcy could be the difference between survival or failure....
The perks of bankruptcy for a struggling business
It can be easy to associate the term bankruptcy with negative connotations. Some business owners may believe that they have failed their company or their families and that, in choosing bankruptcy, they are waving the white flag of surrender. But that is simply not the...