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
Read More ›Running a business is rewarding and exciting – but the fast-paced lifestyle can lead to problems for many business owners. One particularly costly mistake is being so consumed by operating the business that you lose track of your financial position. This mistake has created unnecessary financial challenges for many businesses. As a local Southfield bankruptcy
Read More ›If your small business is having trouble paying the bills, it is important to make sure you know your options. Some small business owners make the mistake of assuming that their only choice is to declare bankruptcy and go out of business, but this should be a last resort. In fact, it’s a common misconception
Read More ›Just like individuals, businesses can fall on hard financial times. If this has happened to your business, you may be considering bankruptcy as a way to either eliminate or restructure debt so you can save your business. But if bankruptcy is a possibility, there are a number of mistakes that you need to avoid. Even
Read More ›When your business has reached a point where it is no longer able to pay its debts, and there is little hope of turning it around, you need to figure out how to settle your debts with creditors. Whenever possible, it is in your best interest to avoid going through the lengthy, and often costly,
Read More ›If your business is going through financial problems, you may be worried about having to file for bankruptcy. While that is sometimes the only viable option, it should be considered as a last resort. In many cases, a business can use a process known as an out-of-court workout to help get their finances cleaned up
Read More ›Contrary to what is commonly believed, bankruptcy isn’t a one-size-fits-all proposition. In fact, you’ve likely heard of different “chapters” of bankruptcy before on the news or in business publications. And while bankruptcy proceedings can be a method for shutting down operations, bankruptcy can also help protect a business from being forced to close simply because
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