Tag Archives: Tampa Chapter 11 Bankruptcy Lawyers
Chapter 11 Bankruptcy Considerations for Restaurants
What happens when a Tampa restaurant files for bankruptcy? It’s important to remember that filing for Chapter 11 bankruptcy doesn’t mean that your business will need to close. Given that Chapter 11 is a type of bankruptcy that involves the restructuring of debts—rather than the liquidation of assets and the “clean start” associated with… Read More »
Bar/Tavern Chapter 11 Bankruptcy
Anyone who currently owns or is thinking about opening a bar or tavern in the Tampa Bay area knows just how popular these establishments are with residents and visitors alike. For example, a list on TripAdvisor shows that bars, taverns, and pubs such as Coppertail Brewing Company, World of Beer, Clooney’s Wine Bar, and… 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 »
Small Business Chapter 11 Cases for Restaurants
What Questions Should You Ask Before You File For Chapter 11 Bankruptcy in Tampa? As many restaurant owners in the Tampa Bay area know, business can be tough at certain times of the year. Given that much of the South Florida economy is based on tourism during the fall, winter, and spring months, the… Read More »
Keeping Control of Your Business as a Debtor-in-Possession in Chapter 11 Bankruptcy
When you own a business in the Tampa Bay area and you are thinking about filing for Chapter 11 bankruptcy, you might be wondering whether and how you will be able to retain control of your business. As a website for the United States Courts explains, Chapter 11 bankruptcy cases are known as “reorganization”… Read More »
Learning More About the Automatic Stay in Bankruptcy
If you are thinking about filing for Chapter 11 bankruptcy in the Tampa Bay area, it is important to understand the protections offered by this form of bankruptcy. One of the most significant protections is the automatic stay. Under 11 U.S. Code § 362, seeking bankruptcy protection can prevent creditors from taking certain actions… 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 »
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 »
Getting a Fresh Start through Restaurant Bankruptcy
If you own a restaurant in the Tampa area and are considering filing for bankruptcy, it is important to know that you are not alone. To be sure, South Florida businesses file for Chapter 11 bankruptcy on a regular basis, and according to an article in QSR Magazine, bankruptcy might actually be able to… Read More »
