For many companies, facing a business bankruptcy is one of their biggest fears. Not only is bankruptcy distressing and emotionally exhausting for the company and its employees, but it is also sometimes a murky process with no clear end in sight. When an Tennessee...
Month: October 2011
Rumors of business bankruptcy send Kodak stock tumbling
Kodak stock took a major tumble last week, dropping more than 50 percent as rumors concerning the company's solvency swirled. Kodak, which is still hoping to avoid a business bankruptcy, has hired an international law firm for restructuring advice. Their biggest hope...
Former activist faces foreclosure
When one is unable to meet their financial obligations, it often feels like there is no way out. For many Tennessee residents, foreclosure has simply become yet another fact of life. Those facing foreclosure or bankruptcy will most likely benefit from consulting an...
Bordering on business bankruptcy
There are many established Tennessee companies that seek bankruptcy protection, for a variety of reasons. The decision to file may have nothing to do with poor business decisions or poor financial management. Instead, it may simply be a case of rising costs and...
Begin a free consultation:
our office location:
Richard Banks & Associates, P.C.
393 Broad Street Northwest
Cleveland, TN 37311
Toll Free: 866-596-8527
Phone: 423-244-0009
Fax: 423-478-1175