Property Insurance Claims Blog

Understanding the Differences Between Chapter 11 & Chapter 7 Bankruptcy

Nov 22, 2021 12:26:41 PM / by E.J. Simonsen posted in Small Business Debt, Bankruptcy

0 Comments

 

 

If your business is overwhelmed with debt and struggling to maintain operations, you may be starting to consider bankruptcy. It's not an easy choice for anyone, which is why it's so important to have all of the facts before you make a final decision. If your business is considering bankruptcy, know your options. 

Read More

What is Chapter 11 Bankruptcy?

Sep 21, 2021 10:00:00 AM / by E.J. Simonsen posted in Bankruptcy

0 Comments

 

No business ever plans for or seeks to file for bankruptcy protection. Yet, no business planned for the struggles COVID-19 brought to countless industries, markets, and services. Today, many businesses are struggling to keep up with the cost of regular operations. Depending on your business’s financial situation, restructuring under Chapter 11 may be an option, but it's important to first understand what Chapter 11 bankruptcy is, and what it means for your business and you personally. 

This article will walk you through the basics of what Chapter 11 bankruptcy is and how it works.

Read More
Content not found