Author Archives: Jay Butchko
Car Titles and Chapter 7 Bankruptcy
If you are thinking about filing for Chapter 7 bankruptcy in the Tampa Bay area, you probably have questions about how your bankruptcy will affect your personal vehicle. Given that most Tampa residents rely on their vehicles to get to work and to get around the city more generally, the prospect of losing a… Read More »
Retail Commercial Leases in Chapter 11 Small Business Cases
If you run a small business in the Tampa Bay area and are considering Chapter 11 bankruptcy, we know that you have many questions about moving forward with your business. For instance, can you keep your business open throughout Chapter 11 bankruptcy? Will any of your business assets need to be liquidated? And perhaps… Read More »
Recent Changes to Bankruptcy Law: What You Should Know About the Small Business Reorganization Act
Recent changes to U.S. bankruptcy law make it easier for small businesses and individuals to file for bankruptcy. More specifically, the Small Business Reorganization Act of 2019 (H.R. 3311), as well as the HAVEN Act (H.R. 2938) and the Family Farmer Relief Act of 2019 (H.R. 2336) have been signed into law and took… Read More »
Chapter 7 Bankruptcy on a Small Business: What Will Happen to the Business Equipment?
If you own a small business in the Tampa Bay area and are thinking about filing for Chapter 7 bankruptcy, we understand that you have questions about what will happen to the business property. For instance, if you small business is a restaurant in downtown Tampa and you have a substantial amount of kitchen… Read More »
Chapter 11 and Bank Account Garnishments in Florida
Most businesses in the Tampa Bay area that file for Chapter 11 bankruptcy expect that they will benefit from the automatic stay connected to their bankruptcy filing. The automatic stay is designed to prevent creditors from taking any additional actions to collect on debt, and in most cases the automatic stay prevents any lawsuits… Read More »
Individual Chapter 11 Cases for People Who Have Too Much Debt to File Chapter 13
Most individual bankruptcy filings in the Tampa Bay area will be under Chapter 7 or Chapter 13. To be sure, when we think about personal bankruptcy, we often do not think about Chapter 11 bankruptcy, which is used most often by struggling businesses, such as restaurants in downtown Tampa. However, there may be certain… Read More »
Chapter 11 for Restaurants and Handling Payroll Taxes
Bar and restaurant owners in the Tampa Bay area know how much effort it takes to run a successful business. Even the most hardworking restaurant owners can struggle with debt, and they may need to seek help from a bankruptcy lawyer in order to get back on track. You will first need to decide… Read More »
Small Business Retail Stores That Have to Go Through Bankruptcy in Tampa Malls
Retail stores are going out of business and filing for bankruptcy across the country, including in the Tampa Bay area. According to a recent article in The Atlantic, the year 2017 saw a kind of “retail meltdown” in which small retail stores throughout the nation are closing. In 2020, the COVID-19 pandemic sure did… Read More »
Keeping a House When Filing Chapter 7 Bankruptcy
Are you thinking about filing for Chapter 7 bankruptcy in the Tampa Bay area but have concerns about liquidating your possessions, particularly your home? Many debtors in Tampa have questions about how bankruptcy will impact their ability to keep a house. Indeed, you might be wondering whether Chapter 7 bankruptcy is actually right for… Read More »
Chapter 11 for Medical Professions and the Health Care Ombudsman
If you are a health care business in Tampa Bay or are a medical professional who owns your own business in the Tampa Bay area, filing for bankruptcy can be extremely complicated. While businesses typically have the option of filing for Chapter 7 or Chapter 11 bankruptcy depending upon the business’s specific needs and… Read More »
