Tag Archives: Tampa Bankruptcy Attorney
Exceptions to the Chapter 7 Means Test for Non-Consumer Debt
When you are planning to file for bankruptcy as a result of your business debts, there are many issues you will need to consider. For instance, what type of business structure do you have, and will bankruptcy result in you filing for personal bankruptcy in addition to filing on behalf of your business? When… Read More »
Subchapter V of Chapter 11 for Small Business Debtors
Small business debtors in the Tampa Bay area that are planning to file for Chapter 11 bankruptcy should know that they can now elect to file for bankruptcy under Subchapter V of the U.S. Bankruptcy Code. This change occurred through the passage of H.R. 3311, also known as the Small Business Reorganization Act of… Read More »
Chapter 7 Bad Faith Filing and Criminal Fraud
When you file for Chapter 7 bankruptcy as an individual or as a business entity, you are expected to file for bankruptcy in good faith. In other words, whether you are filing for Chapter 7 bankruptcy as a sole proprietor or as a larger business like an LLC or a corporation, the U.S. Bankruptcy… Read More »
Involuntary Chapter 7 for a Tampa Small Business
When you are struggling to keep your small business in Tampa afloat, the prospect of facing a lawsuit from a creditor or debt collector can be extremely stressful. You may even be considering the possibility of Chapter 11 bankruptcy for your business in order to reorganize your debts and to get caught up on… Read More »
Business Disputes Being Handled in Bankruptcy Court
If your business has filed for Chapter 11 bankruptcy protection in Tampa, what happens when a business dispute arises during the bankruptcy proceedings? For example, if you own a small company in the Tampa Bay area and are seeking to discharge your business debts through bankruptcy and an entity with whom you have been… Read More »
Hiring Coverage Counsel or Local Counsel for Bankruptcy Cases in the Middle District of Florida
Debtors in the Tampa Bay area who file for bankruptcy often owe money to creditors outside the state of Florida. There are many reasons that a creditor may need to hire an attorney when a debtor files for bankruptcy, or may need general counsel to get involved in the bankruptcy case. This can get… Read More »
Closing a Restaurant in Tampa Bay
Closing a Restaurant or Bar in Tampa Bay? The COVID-19 virus has wreaked financial havoc for bars and restaurants in Tampa. On March 17, 2020, the Governor ordered all bars to be closed temporarily, and restaurants could only provide take-out services. Many business owners decided to close down completely. This was of course a… Read More »
Changing Attorneys in the Middle of a Chapter 11 Bankruptcy
Sometimes when businesses in the Tampa Bay area consider filing for Chapter 11 bankruptcy, they quickly choose an attorney and begin the process of the reorganization bankruptcy. While some bankruptcy cases can work out for the small business filing for Chapter 11 even if that business does not have the best lawyer handling the… Read More »
Changing Attorneys in a Chapter 11 Case
When you are in the middle of a Chapter 11 bankruptcy case in Tampa, Florida, there are a number of different reasons that you may need to change attorneys. In some cases, your attorney makes serious errors that impact your case, resulting in an immediate need to find new counsel. In other situations, the… Read More »
COVID-19 SBA Loans and Personal Guarantees
Many businesses in the Tampa Bay area have struggled as a result of the COVID-19 emergency, and some are considering bankruptcy. As a result of the Florida governor’s stay-at-home order, businesses that were not identified as “essential” could not remain open with regular hours and regular employees. For those non-essential businesses, the coronavirus pandemic… Read More »