Can You Change a Business Chapter 11 into a 7
Are you in the midst of a bankruptcy for your business? Maybe you are filing for a Chapter 11 but not sure if a Chapter 11 is going to work. Can you change a Business Chapter 11 into a 7? Kerkman & Dunn is here to help you navigate bankruptcy law with your business. Converting… Read more
Milwaukee Small Business Bankruptcy
Owning a small business is a goal and a dream for many. If you are out there doing it right now, it’s perfectly understandable that you are struggling. The economy is in a weird place. Inflation, rising costs of supplies, and constant uncertainty are not great conditions to keep a small business afloat. Many will… Read more
Can a Business File For Chapter 11 Bankruptcy Multiple Times?
Every business is unique, as is every business’s financial situation. This can lead to different strategies when it comes to handling a bankruptcy, especially with the economy the way it is. You may be wondering can a business file for Chapter 11 bankruptcy multiple times? Kerkman & Dun has the answers you are looking for…. Read more
Top 6 Ways To Avoid Business Bankruptcy
Obviously, the best way to avoid bankruptcy is to make more money than you spend, but we know all too well that this is easier said than done. Often to stand up a business, debt has to be accrued on the promise of future earnings, but those future earnings don’t always go as planned, new… Read more
Difference Between Business and Personal Bankruptcy
Whether you are considering both bankruptcies or maybe one to save the other it can be helpful to explore the difference between business and personal bankruptcy. At Kerkman & Dunn, we are business bankruptcy experts, and we know our way around the legal aspects of bankruptcy. Let us help you understand the differences. What Chapter… Read more
What Does a Business Bankruptcy Trustee Look For?
Whether you are going through the business bankruptcy process or researching the process ahead of your own filing, you’ve likely heard of the bankruptcy trustee. What does a business bankruptcy trustee look for? Kerkman & Dunn can provide answers. What is a Bankruptcy Trustee? Bankruptcy is a legal process, but many go into it with… Read more
Who Gets Paid First in a Chapter 11 Bankruptcy?
If you are considering bankruptcy—especially Chapter 11 bankruptcy—for your business then you may be curious about the fate of your creditors. Who gets paid first in a Chapter 11 Bankruptcy? Kerkman & Dunn has helped many businesses navigate bankruptcy and restructuring, and though every bankruptcy is different, we can help provide you with some insight… Read more
Secured and Unsecured Debt Difference During Bankruptcy
If you are contemplating business bankruptcy then you may be running into terms that you aren’t used to. Secured debts and unsecured debts, it can all get confusing. Sure you may have heard these terms when you accumulated the debt in the first place, but now you want to be sure, and that’s where Kerkman… Read more
How Long Does Chapter 11 Bankruptcy Take For a Business?
If your business is considering Chapter 11 bankruptcy, then you have to make sure you are prepared to go the whole way. It’s something you want to be sure about for your business not only because the process will undoubtedly change your business for the foreseeable future, but it’s also going to take a long… Read more