This blog recently discussed the way business bankruptcy can help struggling businesses and professionals. A closer look at Chapter 11 bankruptcy may help business owners, professionals and others seeking debt relief better understand how bankruptcy may be an option...
Month: June 2016
Bankruptcy options can help businesses and professionals
Businesses are not immune to challenging financial times. A decline in sales and profits, as well as tax challenges, may present significant difficulties for a number of companies struggling to stay in business. Business and commercial bankruptcy options are available...
What bankruptcy means for a business’s investors
Owning stock is a way for a Cleveland resident to own part of a company. Through exchanges like NASDAQ and the New York Stock Exchange a person can purchase shares in a variety of companies across a diverse collection of industries. Companies that offer stock to...
What are the benefits and shortcomings of Chapter 13 bankruptcy?
Last week this Tennessee bankruptcy law blog explored some of the advantages and disadvantages of filing for Chapter 7 bankruptcy. This week's topic addresses the benefits and shortcomings of Chapter 13 bankruptcy for American consumers. Though the information...
Before filing, consider benefits and drawbacks of Chapter 7
Dealing with financial problems often means making difficult decisions. Tennessee residents who choose to file for bankruptcy must cope with some very difficult elements of the legal process. Specifically, individuals who pursue financial relief through Chapter 7...
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