Filing for Chapter 11 bankruptcy marks a challenging but hopeful turning point for many business owners. While this legal protection gives you room to reorganize, it brings up crucial questions about your ongoing responsibilities. Among your most important concerns,...
Month: January 2025
Strategies for retaining staff when pursuing business bankruptcy
There are many challenges inherent in pursuing business bankruptcy. For example, leaders within an organization have to choose the type of bankruptcy to pursue. They may have to negotiate while restructuring or prepare to liquidate certain assets as part of the...
Can you discharge student loans through bankruptcy?
Student loans have become a significant financial burden for many Americans. If you are struggling with student debt, you might wonder why these loans get a different treatment from other types of debt in bankruptcy proceedings. It is crucial to understand why student...
What are the common causes of business bankruptcies?
Bankruptcy is a daunting possibility that no entrepreneur wants to face. Unfortunately, this nightmare is the reality for many business owners. Understanding the common causes of bankruptcy is crucial if you are struggling with business costs. In this blog, we'll...