When it comes to business and corporate bankruptcy, there is not a simple, straight cut answer for all. In fact, if your business is in financial trouble, bankruptcy may not be the only option you will face. There are several alternatives available to creditors and debtors when a company is facing insolvency but bankruptcy is
Read More ›Bankruptcy is a scary prospect for most businesses. But the truth is, bankruptcy is just another tool you or your company can utilize on your road to success. Understanding the bankruptcy options available to you and what they would mean for your business is essential to removing the fear and recognizing the practicality. While the
Read More ›Deciding upon filing for bankruptcy for your business is a stressful and overwhelming experience for many. If you have been curious about Chapter 7 bankruptcy in Southfield and wonder if it is the right option for you, read on to learn more about how you can determine this. No one who starts a business ever
Read More ›Cash flow – the key to success for any business – must be maintained in order for your company to be successful and remain in business. It can be difficult to continually monitor cash flow, and if your business is cyclical or seasonal, you must take extra steps to keep your cash flow positive even
Read More ›Keeping your business afloat is a daily job, one that requires you to be on top of your company’s financials, as well as watching out for any signs that your business is heading for trouble. Spotting any potential problems as early as possible is your best chance of turning things around. Avoid corporate bankruptcy in
Read More ›As a local Southfield bankruptcy attorney, we are there helping client after client as they face bankruptcy and work towards rebuilding their business. We have seen a variety of businesses come to us for help and as such we understand the predictors to bankruptcy. One of these indicators is the state of your business’s finances.
Read More ›If your business is close to shutting down, it’s easy to be overwhelmed while considering your options. For many people, filing for Chapter 7 bankruptcy sounds like a bad choice because it will often force them to go out of business. Unfortunately, that is sometimes unavoidable. When this is the case, finding the fastest, easiest,
Read More ›Running a business successfully requires that you spend your money wisely. The best way to do this is to create a business budget that will help to plan out where your money will go, and when. This can help you to avoid a lot of financial problems, and position your business well into the future.
Read More ›Whether you’re just starting to consider bankruptcy as an option for your business, or you are in the middle of your bankruptcy case, it is important to focus on the future. There are countless examples of companies that have gone through this process and emerged stronger than ever. As your local Southfield bankruptcy attorney, we
Read More ›If your business is facing financial trouble, you might be worried about the future of the business, as well as your own personal future. Many people fight hard to avoid bankruptcy, thinking that it will mean the end of their business and their livelihood. The fact is, however, that bankruptcy can actually save your business
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