Bankruptcy filings have fallen from their high of 1.2 million in 2012 to just over 800,000 for 2016. This significant decrease has been felt by most states aside from Alaska, North Dakota, Wyoming, and Montana owing to the downturn in the fossil fuel markets, Delaware, and areas of Appalachia and the South served by the fourth, fifth, eighth, 10th, and 11th circuit courts. In February 2017, bankruptcy filings have decreased 10 percent from the same period last year, with commercial filings representing a nine percent decline from this time last year. You can take from the figures just about anything you want, as figures are often used to represent and agenda. However, the facts remain that not all small businesses are thriving in this economy.
If you are facing any of the circumstances, you need urgently to speak with an experienced bankruptcy for small business attorney. We can tell you your options, and what a Chapter 11 or Chapter 7 bankruptcy can do for you. It’s never easy to lose business that you have nurtured and grown, but there comes a time when bankruptcy is the better option for yourself, your company, and your future. The first consultation is free at either our West Palm Beach or Fort Lauderdale offices. Make your appointment and let’s start getting your life and your business back on track.
There are many reasons why there is a high rate of financial resolutions this year.…
When faced with overwhelming financial circumstances, Van Horn Law Group is your trusted partner in…
If you’re feeling overwhelmed, know that you’re not alone. Dissolving a corporation can be daunting,…
Florida couples can leverage the tenancy by the entireties exemption by filing for bankruptcy before…
There are situations when it makes sense for Chapter 7 filers to consider Chapter 13…
Fear not, there is a glimmer of hope amidst the chaos: Chapter 11 reorganization and…