A commercial real estate purchase can be a valuable investment, but if you are unable to make the loan payments, the property may be subject to foreclosure. This can damage your business in many ways. Foreclosure process Generally, the foreclosure process on...
Month: October 2023
Chapter 11 bankruptcy is reorganization over liquidation
Florida business leaders make decisions every day that they think will benefit their companies in the long run. For some, an important decision is whether or not to take on a debt. But, what might look like a good decision for the future of the company at the time...
Fulfilling your obligations in a commercial real estate contract
Commercial real estate contracts can address any number of situations, such as leasing spaces for businesses or warehouses, or even buying property for new construction. Oftentimes, mergers and acquisitions will involve commercial real estate deals and, of course,...
Business bankruptcies are rising: What do you do now?
It may seem like you can’t open the news these days without reading about another big business that’s gone (or going) bankrupt – and that’s no illusion. Some of the most notable companies that have filed for bankruptcy protection in the last year include Bed, Bath...