On behalf of Levitt & Slafkes, P.C. | Oct 9, 2018 | Bankruptcy Law, Business & Commercial Bankruptcy, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy Information
Your small business represents the culmination of hard work, innovation, and your hopes for a bright future. Unfortunately, taking this risk to make it on your own can come with hiccups. In fact, many small business owners find themselves struggling with debt as part...
On behalf of Levitt & Slafkes, P.C. | Jul 8, 2016 | Bankruptcy Law, Business & Commercial Bankruptcy, Chapter 11, Chapter 11, Chapter 11 Bankruptcy, Chapter 13, Chapter 13 Bankruptcy Information, Chapter 7
If your small business is struggling with debt, filing for bankruptcy might be a good choice. Small business owners have several options available to help eliminate debt. The best option is to consult an attorney to discuss all the alternatives available based on your...
On behalf of Levitt & Slafkes, P.C. | Aug 29, 2015 | Business & Commercial Bankruptcy
If you are a business owner struggling with debt, you should consider consulting with an experienced bankruptcy attorney to explore your debt relief options. The attorneys at Levitt & Slafkes can review your individual circumstances and help you understand the...
On behalf of Levitt & Slafkes, P.C. | Oct 17, 2014 | Business & Commercial Bankruptcy
Many entrepreneurs invest all of their time, energy and money into starting new business. While this “all in” approach is usually necessary in order to ensure the success of the company, it can also wreak havoc on your personal finances.Most small business...
On behalf of Levitt & Slafkes, P.C. | Apr 15, 2014 | Business & Commercial Bankruptcy
The so-called Great Recession had an adverse impact on millions of Americans. As banks failed and the stock market plummeted, U.S. companies of all sizes struggled to remain profitable. Many were forced to reduce their workforces and accrue debt. Today, economists...
On behalf of Levitt & Slafkes, P.C. | Oct 16, 2013 | Business & Commercial Bankruptcy
Seventy years ago the New York City Opera was founded. After working to bring opera to the public, it recently was forced to filed a Chapter 11 bankruptcy case. Apparently the Opera’s last-ditch effort to raise $7 million fell short. The opera company claimed it...
On behalf of Levitt & Slafkes, P.C. | Jun 10, 2013 | Business & Commercial Bankruptcy
We recently came across an article predicting 10 brands sold in America that will disappear before 2014. The criteria used to make the predictions are listed as:Declining sales and losses Disclosures by the parent of the brand that it might go out of business Rising...
On behalf of Levitt & Slafkes, P.C. | May 13, 2013 | Business & Commercial Bankruptcy
According to a recent MoneyCNN.com article, many doctors are being pushed into filing for bankruptcy protection. While many physicians are able to keep their practice going after their bankruptcy filing, for some it ends their career. According to the article , it is...
On behalf of Levitt & Slafkes, P.C. | May 7, 2013 | Business & Commercial Bankruptcy
If you are a small business owner facing financial struggles, it is likely you have incurred a significant amount of personal debt trying to keep your business afloat. It is important to seek the advice of competent bankruptcy counsel to discuss the possibility of...
