Business Bankruptcy

Chapter 11 bankruptcy provides companies an opportunity to restructure and return to profitability, but maintaining liquidity through lines of credit and loans during bankruptcy is a challenge. Liquidity and cash flow are the engine and fuel of business. Without a regular infusion of cash, it’s impossible to place orders, make payroll, advertise, invent, or expand…. Read more

Filing for bankruptcy doesn’t always mean a business will close – and it doesn’t mean all debts go away. Many companies and sole proprietorships resort to bankruptcy to reorganize while working to stay afloat. Discharging debt is a part of bankruptcy that allows a business to recover and keep moving forward.  Read on to find… Read more

Making the decision to file for bankruptcy isn’t one that businesses should make lightly. It can dramatically change your finances and keep you from being able to run your business the way you want to. That’s why it’s important to explore all other options before asking your Wisconsin business bankruptcy attorney to file your bankruptcy… Read more

Making the decision to file for bankruptcy isn’t something you should do lightly. But if your business is struggling and you’re unsure that you can repay your debts in full, filing could be in your best interest. But there’s more to the process than you might think, and taking the necessary steps to prepare for… Read more

Filing for bankruptcy as a business owner can be difficult, especially if you’re not sure if you want to keep your business for several more years. For many business owners, the question of whether they can sell their business even though they’re working through a bankruptcy debt repayment plan is likely to come up. Selling… Read more

If your business is struggling to repay its debts, filing for bankruptcy isn’t your only option. Depending on your financial situation, pursuing debt settlement can be a better choice. However, figuring out which option is right for your business’s needs can feel like a bit of a mystery. While it’s always a good idea to… Read more

As a business owner, you want to keep your doors open for as long as possible. After all, you worked hard to bring your vision to life and just because you’ve taken on more debt than you can manage doesn’t mean your business deserves to close its doors. Filing for Chapter 11 bankruptcy with help… Read more

If your business is struggling to keep up with debt payments, filing for bankruptcy could help you regain control over your finances. But to file for bankruptcy, you must be eligible to file in the first place. Chapter 7, Chapter 11, and Chapter 13 bankruptcies are fairly easy for most business owners to qualify for,… Read more

For businesses who are struggling with their total debt levels but that are still earning enough money to keep the doors open, filing for Chapter 11 bankruptcy could be a good choice. This form of bankruptcy lets you enter into a repayment plan with your creditors to help you repay what you owe without having… Read more