small business bankruptcy

Business Bankruptcy Options That Are Common For Small Businesses

Filing for business bankruptcy is never in a small business owner’s plans. Open starting a business, most have high hopes and grand plans that they will be successful, both financially and regarding their public image. Even if the latter is strong, sometimes financial failure happens. When it does, many business owners are faced with the […]

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retail bankruptcies

Retail Bankruptcies and Industry Killers Post-Mortem

Retail Bankruptcies On The Rise By now, I think everyone has had enough of blaming Millennials and Gen Z for killing this or that type of industry. You could argue that a very big comet killed the Tyrannosaurus rex, yet their descendants are still present in the modern-day chicken. When there is an extinction event, […]

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Preparing for a Bankruptcy Consultation

Tips to Prepare for a Bankruptcy Consultation

Filing for bankruptcy can be a long, difficult process, but if you’re working with the right attorney, it can also be relatively painless. Starting with a bankruptcy consultation with a reliable, informed lawyer is a step in the right direction. Although the Internet offers a treasure trove of general information about bankruptcy, due to the […]

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Perfumania Files for Bankruptcy

Perfumania Files for Bankruptcy

The long, slow death of the American mall continues as Perfumania files for bankruptcy. Retailer Perfumania has filed for a Chapter 11 bankruptcy, joining a long parade of former shopping mall stalwarts that have headed for the exits. Behind the death of the shopping mall is the simple fact that there are not enough feet […]

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Why Retail Bankruptcies Are on the Rise

As an attorney who specializes in bankruptcy, I can’t help but note with dismay the huge increases in retail bankruptcies, and of course it’s the smaller businesses that provide the majority of American jobs that are feeling the heat.

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Retail Bankruptcies Exploding: Here Are Sectors Where It’s Happening

It’s being called the Retail Apocalypse by analysts as 2017 sees massive spikes in retail bankruptcies. Some are saying that the retail bubble has burst, and the fallout is happening now. Retailers across the country, including big name brands such as Payless, Gymboree, and Bebe, are shuttering locations, filing for bankruptcy protection, reorganizing, or liquidating.

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Why You Need to Hire a Corporate Bankruptcy Lawyer

When you have invested a significant amount of time and effort into business, only to have it fail, it can be a discouraging and very emotional experience. You want to wind up the business in the most responsible manner possible, but bankruptcy may be your best bet.

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The Mai-Kai Slapped With Foreclosure Suit

The news caused a wild flutter online, even as one of the restaurant’s principals claimed that the matter had been resolved by press time. The restaurant and its property are on the National Register of Historic Places, but that doesn’t guarantee all will be well.

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5 Signs It’s Time to Consider Bankruptcy for Small Business

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.

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