Every year, Americans throughout the country file for Chapter 11 bankruptcy in order to find debt relief. Whether the person filing for Chapter 11 bankruptcy is an individual or a small business owner, those who move forward with a successful bankruptcy plan are often...
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Month: May 2015
Negotiating debt vs. bankruptcy for struggling businesses
If there's one thing that businesses, both large and small share, it's debt. According to the Federal Reserve Statistical Release for the fourth quarter of 2014, nonfinancial business debt rose to $12 trillion in the U.S. When these debts force companies out of...
Negotiating debt vs. bankruptcy for business closing their doors
If there's one thing that businesses both large and small share, it's debt. According to the Federal Reserve Statistical Release for the fourth quarter of 2014, nonfinancial business debt rose to $12 trillion in the U.S. When these debts force companies out of...
Looking at the Chapter 7 process for businesses
When a business is struggling with debt, they may experience a number of hardships every day and have no idea of how to address their financial challenges. Fortunately, there are a variety of debt relief options that can help those who are in this position tackle...
The Energy Future Holdings Chapter 11 bankruptcy case
People in New Hampshire may be interested to learn about how Energy Future Holdings is doing now that the company has been in Chapter 11 bankruptcy for a year. The company, which filed its petition in April 2014, submitted a proposed reorganization plan to the court...
