What if a business that processes or treats customers' possessions files for bankruptcy? For instance, what if a jewelry cleaning business or, in one recent case, a hide tannery has to close down? What happens to the jewelry or hides sent in by customers?Business...
Month: September 2012
Chapter 11: Pilots’ contract tossed out by federal judge
Filing for Chapter 11 bankruptcy is one way to restructure a business and keep the doors open. Tennessee business owners who are struggling in these tough economic times should learn about their options for debt relief and which kind of bankruptcy is right for them....
Regions and Saddlebrook settle for $200k in bankruptcy court
It should be no surprise by now that many businesses in Tennessee have had to confront financial difficulties in the last several years. Sometimes the financial maneuvers that business owners make come under scrutiny in the bankruptcy process, and this can lead to...
Mortgage settlement: Tennessee homeowners receive $36 million
Homeowners in Tennessee who are experiencing financial difficulty and are worried about foreclosure may consider seeking relief through bankruptcy. Though filing for personal bankruptcy is not a solution for everyone having trouble making mortgage payments, the...
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