Tag Archives: Tampa Business Bankruptcy Attorney
Chapter 7 for The Small Business Owner
Chapter 7 Bankruptcy for The Small Business Owner Part One: Why Would a Small Business Need to File A Bankruptcy? A colleague asked me this morning why a small business would need to file a bankruptcy, instead of simply closing down and walking away. Of course the owner might be facing personal guarantees for… 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 »
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 »
Chapter 11 Bankruptcy: How Attorneys Have to Get Court Approval for Payment of Fees
Chapter 11 bankruptcy is a particular type of reorganization bankruptcy that is used largely by businesses in order to reorganize debt. In some cases, individuals will also file for Chapter 11 bankruptcy if they want to reorganize their debts but do not qualify for Chapter 13 bankruptcy because their secured or unsecured debts exceed… Read More »
Will Chapter 11 Bankruptcy Last?
The American Bankruptcy Institute (ABI) recently released a report in which it questioned the staying power of Chapter 11 bankruptcy, according to an article in The New York Times. Should Tampa business owners be concerned about their ability to reorganize their debts by filing for bankruptcy? Proposed Changes to Chapter 11 Bankruptcy Laws The… Read More »
Dissolving a Business in Tampa
How often do Tampa-area business owners make the decision to dissolve a business? According to a recent article in the Tampa Bay Business Journal, certain properties in our city, particularly in the restaurant industry, tend to be prone to business closures. Let’s take a look at a recent story about the Black Palm restaurant,… Read More »
