Business Bankruptcy

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What Will Happen to My Corporation If I File for Personal Bankruptcy?
The effect on your ownership interest will largely depend on whether you can exempt (keep) your stock, the value of the stock, and the bankruptcy chapter that you file. ... Read more

Will Filing a Business Bankruptcy Get Rid of a Personal Guarantee?
Learn whether you'll have to pay a company debt after a business bankruptcy. ... Read more

What Is a Business Bankruptcy?
Learn about the basics of business bankruptcy. ... Read more

Isn’t It True That a Business Can File for Chapter 7 Bankruptcy Only Once Every Seven Years?
Find out how often a sole proprietor can wipe out business debt in a Chapter 7 bankruptcy. ... Read more

How Often Can a Business Get Its Debts Wiped out in Bankruptcy?
Learn when a discharge is available in a business bankruptcy. ... Read more

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When Getting Paid Doesn’t Pay – Defending Preference Actions under Section 547 of the Bankruptcy Code

Section 547 of the Bankruptcy Code allows a bankruptcy trustee (or, in some Chapter 11 cases, the debtor individual or corporation itself) to “avoid” certain payments made within 90 days o ... Read more

Know these bankruptcy facts before you file

From MyFoxPhilly http://www.myfoxphilly.com/story/21963296/know-these-bankruptcy-facts-before-you-file

Involuntary Bankruptcy – Chapter 7 filed against RPS Environmental Solutions, LP – January 11, 2013

Involuntary Bankruptcy – Chapter 7 filed against RPS Environmental Solutions, LP – January 11, 2013 On January 11, 2013, an involuntary bankruptcy petition under Chapter 7 was filed agains ... Read more

Ritz Camera files for Chapter 11 Bankruptcy (Ritz Camera & Image, LLC)

Posted on Ritz Camera files for Chapter 11 Bankruptcy (Ritz Camera & Image, LLC) Lead counsel for the Debtor is Patrick J. Reilley of Cole, Schotz, Meisel, Forman & Leonard (First Da ... Read more

Houghton Mifflin Confirms Chapter 11 Plan on June 21, 2012 (Houghton Mifflin Harcourt Publishing Company)

Houghton Mifflin Confirms Chapter 11 Plan on June 21, 2012 (Houghton Mifflin Harcourt Publishing Company) Posted on June 22, 2012 Houghton Mifflin confirms Chapter 11 Plan on June 21, 2012 (Hough ... Read more

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