Category Archives: Chapter 11 Bankruptcy
What Is A Debtor In Possession?
Is your business planning to file for Chapter 11 bankruptcy in South Florida? If so, if you have conducted initial research into the Chapter 11 bankruptcy process, you have likely come across the term “debtor in possession.” This term is not relevant in all types of bankruptcy cases, but it is particularly important to… Read More »
What To Tell Your Employees About A Chapter 11 Bankruptcy
When your business is considering Chapter 11 bankruptcy, your employees may have some knowledge about the business’s financial struggles, and rumors could be circulating around the office or the workplace. While you might not want to provide too much information to your employees about plans for a Chapter 11 bankruptcy, giving your employees certain… Read More »
What Are The Costs I Should Expect For A Chapter 11 Bankruptcy?
When you are planning to file for Chapter 11 bankruptcy, you may know that this type of bankruptcy tends to cost significantly more than other types of reorganization bankruptcy, and more than Chapter 7 liquidation bankruptcies. For many businesses that want to file for reorganization bankruptcy, Chapter 11 is the only option, so it… Read More »
What Are Setoff And Recoupment In Bankruptcy?
In Chapter 11 bankruptcies in South Florida, the topics of setoff and recoupment may arise in a business’s bankruptcy case. These terms are important in the bankruptcy context and in business bankruptcy cases under Chapter 11 because they can affect how accounts are settled between creditors and debtors who have filed for bankruptcy. While… Read More »
What Are The Benefits Of Chapter 11 Bankruptcy?
If you are considering a Chapter 11 bankruptcy filing, you may be wondering about the pros and cons of a reorganization bankruptcy for your business. Our West Palm Beach Chapter 11 bankruptcy lawyers can provide you with more information about the benefits of Chapter 11 bankruptcy in South Florida. You Can Keep Your Business… Read More »
How Does Chapter 11 Bankruptcy Differ From Chapter 12?
If you own a small business and you are considering the possibility of filing for a reorganization bankruptcy, you might be wondering about the differences between Chapter 11 and Chapter 12 bankruptcy. You may know that both types of bankruptcy are intended for certain small business owners, and that both types of bankruptcy allow… Read More »
Can My Business Choose Between Chapter 11 And Chapter 13 Bankruptcy?
When you are considering a reorganization bankruptcy for yourself or for your business, you may be wondering if you can choose among the different types of reorganization bankruptcy, or if your specific circumstances will determine the type of reorganization bankruptcy you must file for if you want to file for this kind of bankruptcy…. Read More »
What To Expect In A Chapter 11 Bankruptcy For Businesses
Chapter 11 bankruptcy is a type of reorganization bankruptcy, and it is commonly used by businesses. If your business is considering filing for Chapter 11 bankruptcy in order to reorganize debts while keeping your business open, you are likely wondering what to expect in the bankruptcy process. Chapter 11 bankruptcy cases are complicated, and… Read More »
Can My Business Convert From Chapter 11 To Chapter 7?
Many businesses that are struggling with debt may consider bankruptcy, and Chapter 11 bankruptcy often seems like the best option since it can allow businesses to reorganize debts while remaining open for business. Indeed, unlike with liquidation bankruptcies, reorganization bankruptcies give businesses an opportunity to get back on track financially and to remain in… Read More »
What Is Subchapter V?
When you hear or read about a reference to Subchapter V bankruptcy, you should know that this term refers to Subchapter V of Chapter 11 under the U.S. Bankruptcy Code. This specific subchapter of Chapter 11 is quite new, and it is designed for small business debtors to make the process of reorganization bankruptcy… Read More »