Tag Archives: Converting Chapter 11 to Chapter 7 bankruptcy

What Happens if a Small Business Chapter 11 Bankruptcy Has to Get Converted Into a Chapter 7?

Many businesses in the Tampa Bay area, like restaurants and retail establishments, realize that they are having difficulty paying their bills and managing the upkeep of the business. In some cases, a business’s financial problems are seasonal. For example, a restaurant might struggle during the spring and summer months when fewer tourists and part-time… Read More »