Chapter 11

Filing for bankruptcy and having your debts discharged could be one of the best decisions you have ever made. You are ready to start over without the burden of overwhelming debt. Although bankruptcy was the right choice for you, you are likely to still face some...

If your business is facing financial hardship, you’re probably trying to find a way to alleviate your debt obligations and return to stable operations. It’s not an easy task, but you might be able to leverage the bankruptcy system to your advantage by pursuing a...

In New York, Chapter 11 bankruptcy is frequently viewed as an option for large companies that are experiencing widespread financial challenges. It offers businesses various strategies to get on stronger financial ground while staying in operation. For many, Chapter 11...

If you own a struggling business, you want to consider all your options to get back on track and possibly return to profitability. One option is Chapter 11 bankruptcy. Chapter 11 protects your business from creditors while allowing you to reorganize and continue to...

When your business is in financial distress, Chapter 11 bankruptcy may be your best option. But it’s a complicated process with many variables, restrictions and decisions which need to be made. Cash collateral is a potential option many businesses will choose, so it’s...

In 2020 and 2021, many small businesses in Long Island were forced to close their doors. Some of these business owners who have realized that they can no longer operate their business may consider filing for Chapter 11 bankruptcy. If so, they may want to learn more...

Chapter 11 bankruptcy is a resource that it is essential for struggling businesses to be familiar with. It can help get them out of the financial challenges they are facing and enjoy a profitable future. The Chapter 11 bankruptcy process Chapter 11 bankruptcy is a...

Struggling businesses may wonder where they can turn to help get their struggling business enjoy a profitable future once again. Chapter 11 bankruptcy is a resource that can offer potential benefits to struggling businesses that wish to remain in benefits. Benefits of...

Chapter 11 bankruptcy can help struggling businesses that wish to remain in business. It is a reorganization bankruptcy option for businesses that are facing financial challenges to consider. Eligibility for Chapter 11 bankruptcy Both small and large businesses are...

Small business is fighting a tough battle against the economic consequences brought by the pandemic. But four recent amendments to the Bankruptcy Code may help small businesses which are filing a Chapter 11 bankruptcy. Paycheck protection program The Paycheck...