by djacobson | May 9, 2022 | Chapter 11 Bankruptcy
When a business is having difficulty meeting its obligations financially, the owner may choose to close the business. Courts consider this a Chapter 7 bankruptcy. However, there are other business owners who want their places of business to remain open. They choose a... 
by djacobson | Jul 5, 2021 | Chapter 11 Bankruptcy
Small businesses are the backbone of our country, but their struggles are real and numerous. So, if you’re a small business owner fighting to stay afloat, a chapter 11 bankruptcy may be the solution. The U.S. Bankruptcy Courts identify chapter 11 as a... 
by djacobson | Oct 12, 2018 | Bankruptcy Attorneys, Chapter 11 Bankruptcy
Deciding to file bankruptcy is often considered to be a last resort solution to a long standing financial situation. One of the mistakes that is often made by individuals and business owners is waiting too long to file. They use resources that can be better... 
by djacobson | Jul 17, 2018 | Bankruptcy, Chapter 11 Bankruptcy, Chapter 7 Bankruptcy Attorney
Is your small business in severe financial trouble? Have you asked yourself if bankruptcy would help? There are several questions that you should ask yourself before you begin the process. Consulting with a small business bankruptcy lawyer will also give you the... 
by djacobson | Sep 26, 2017 | Chapter 11 Bankruptcy
There are several duties that a debtor must be in compliance with when they decide to file for bankruptcy. These bankruptcy rules of procedure for debtors are known as the Federal Rule of Bankruptcy Procedure 4002. The rules provide additional details of the debtor’s... 
by djacobson | Sep 13, 2017 | Chapter 11 Bankruptcy
Individuals who want to know how bankruptcy Chapter 11 works should know that this form of bankruptcy is typically reserved for businesses, but individual debtors have also filed Chapter 11 before. Many businesses experience highs and lows. When a business accumulates...