Tag Archives: Tampa Bankruptcy Lawyers
Collecting a Judgment Against a Corporation After Chapter 7 Bankruptcy
Corporations, as well as individuals, can file for Chapter 7 bankruptcy in order to have debts discharged. For both businesses and consumers who file for Chapter 7 bankruptcy, there are certain protections associated with filing for bankruptcy, including the automatic stay, which prevents creditors from continuing to collect on debts as soon as the… Read More »
Shopping Mall Bankruptcy
Insolvent Businesses and Bankruptcy Auctions When a business becomes insolvent, it’s unlikely that a bankruptcy court will approve a Chapter 11 reorganization. To be sure, it’s pretty difficult for such a business to prove that it might be able to repay any debts. And that’s exactly what happened recently in Plantation, Florida. According to… Read More »
Tampa/Florida Chapter 7 Bankruptcy and What Happens to Liquor Licenses
Many bars and restaurants that open in Tampa end up having significant financial difficulties, and many end up realizing that they have more debts than they can adequately manage. In some cases, restaurants and bars may be able to reorganize their debts through Chapter 11 bankruptcy, which also allows the business to keep its… Read More »
Chapter 11 Bankruptcy for Individuals Who Want to Keep Investment Real Estate
If you own a business in the Tampa Bay area and are thinking about filing for bankruptcy, you probably have a number of questions about what will happen to your property. As you may know, a business owner has different options for bankruptcy protection. Typically, if you own a restaurant or another type of… Read More »
Bankruptcy Liquidation for Tampa Restaurant and Bar Owners
If you currently own a restaurant or bar in the Tampa Bay area and are struggling to keep your business solvent, you may be thinking about filing for bankruptcy. It is important for small business owners to understand the different forms of bankruptcy protection for which they may be eligible, and to understand the… Read More »
Business Debts Versus Consumer Debts in Bankruptcy
Making the decision to file for bankruptcy can be a difficult one, regardless of the types of debts you have incurred that have put you in a financially untenable position. For Tampa business owners, it can be complicated to categorize your debts as consumer debts or as business debts. But it is extremely important… Read More »
Learning More About Wage Garnishment and Bankruptcy in Tampa
What is wage garnishment, and how does it impact debtors in the Tampa Bay area? To better understand the situations in which your wages can be garnished, and the ways in which filing for personal bankruptcy may be able to provide you with some protection from wage garnishment, we should take a closer look… Read More »
The Automatic Stay, Commercial Leases, and Restaurant Bankruptcy
What do you need to know about the automatic stay if you are a restaurant owner considering bankruptcy? For many restaurant owners in the Tampa Bay area who file for Chapter 11 bankruptcy, there are a number of questions about how your landlord’s actions for past rent may change as a result of bankruptcy… Read More »
Chapter 11 Bankruptcies Decline in South Florida
How common is Chapter 11 bankruptcy in South Florida? According to a recent article in Miami Today, business bankruptcy filings, including Chapter 11, are on the decline. In order to understand the factors involved in this drop in filings—and whether it’s likely here to stay—it’s important to understand the basic kinds of bankruptcy and… Read More »
