This blog has recently discussed the benefits of commercial bankruptcy for struggling businesses. It is helpful to keep in mind that bankruptcy is also available to individuals struggling with debt. Gander Mountain, a sporting goods retailer with a presence in...
Business & Commercial Bankruptcy
A closer look at Chapter 11 bankruptcy
This blog recently discussed the helpful nature of Chapter 11 bankruptcy for struggling businesses. Chapter 11 bankruptcy can be a complex process, so it is important that businesses considering the commercial bankruptcy process understand how it works before...
Business bankruptcy can provide relief for a struggling business
Challenging economic times can have an impact on Tennessee businesses and individuals, which is why legal options, including bankruptcy are available to help. Businesses may struggle with reduced sales, declining profits and tax burdens that make running what was once...
What options are available when a business is struggling?
This blog recently discussed a Tennessee company that was struggling, and other business owners may wonder what to do if they are in a similar situation. When a business is struggling with debt, it can be an overwhelming situation. The options available, and how they...
Tennessee-based company, Pure Foods, files for bankruptcy
Business bankruptcy options provide a variety of resources to struggling businesses. A Tennessee-based company, Pure Foods, recently filed for Chapter 11 bankruptcy protection.The producer of healthy snacks filed for Chapter 11 reorganization bankruptcy protection in...
Bankruptcy can help struggling businesses
Business bankruptcy options can help Tennessean businesses recover from the struggles they have been facing. Chapter 11 business bankruptcy options are designed to help struggling businesses get back on their feet. In doing so, Chapter 11 bankruptcy provides the...
The ways commercial bankruptcy can help a business
There are different types of commercial bankruptcy with different benefits tailored the different financial circumstances businesses may find themselves in. A Chapter 11 reorganization bankruptcy, for instance, can provide breathing room to a struggling business so it...
What do I do when my business is failing?
Whenever a business experiences financial difficulties, and is failing, it is an unpleasant experience for the business owner who has likely placed significant time, money and emotional resources into the business. If the business is struggling, they may wonder what...
Logan’s Roadhouse emerges from business bankruptcy
This blog discussed the Logan's Restaurant business bankruptcy filing earlier this year and the option for struggling businesses to utilize the commercial bankruptcy process as a way to return to profitability. Logan's Roadhouse restaurant chain, headquartered in...
Options for when a business is struggling
It can be overwhelming to have a business that is struggling with debt month after month. It can create anxiety and concerns about creditor actions and the future of the business. What actions creditors may be able to take against the business or against the business...
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