Bankruptcy Blog
STAY INFORMED
The Lane Law Firm Blog
Sep 26, 2023
[Case Study] Atlantic Worldwide Shipping Saved Through Chapter 11 Reorganization
Atlantic Worldwide Shipping LLC faced substantial challenges in effectively managing their cash...
Aug 24, 2023
Does Business Bankruptcy Affect Personal Assets?
Just the thought of having to file business bankruptcy is stressful and overwhelming for most...
Mar 9, 2023
[Case Study] An MCA Debt Trap: How a Healthcare Business Survived It
No business owner anticipates filing for bankruptcy. However, when faced with unexpected challenges...
Jan 24, 2023
Can a Business File for Bankruptcy and Stay Open?
With all its negative connotations, many business owners hesitate to file for bankruptcy. But when...
Oct 24, 2022
What Happens to an SBA EIDL Loan if a Business Closes?
Since the COVID-19 pandemic began, the SBA has loans more than $630B to small businesses.
Sep 30, 2022
How to Avoid Small Business Bankruptcy
How to Avoid Small Business Bankruptcy Business owners know that strategically choosing to file a...
Sep 14, 2022
Can Accountants Recommend Bankruptcy?
As an accountant, it's your duty to provide your clients with the best possible financial support...
Sep 8, 2022
Subchapter 5 vs. Traditional Ch 11 Bankruptcy
Also known as the Small Business Reorganization Act of 2019, Chapter 11, Subchapter 5 bankruptcy is...
Aug 30, 2022
How to Grow Your Accounting Firm in 3 Simple Steps
Growing an accounting firm can feel daunting, especially if you manage your firm. You have a team...
Jul 6, 2022
CPAs: 5 Things to Know about Subchapter 5 Bankruptcy
Subchapter 5 bankruptcy was added to Chapter 11 of the U.S. Bankruptcy Code in 2020. This makes it...
Apr 11, 2022
[Case Study] Bolt Diesel Saved by 90% Debt Reduction in Bankruptcy
Bolt Diesel faced substantial challenges in effectively managing their cash flow, which ultimately...
Mar 14, 2022
How to Close a Texas Business in 8 Steps
Your business has been struggling for some time, and you can't seem to break even. The thought of...
Feb 15, 2022
Understanding Subchapter 5 Business Bankruptcy
The decision to file for business bankruptcy isn't an easy one, but it's good to know that there...
Jan 5, 2022
When Should I File for Business Bankruptcy?
No business wants to file for bankruptcy — but when debts are piling up, and you just can’t seem to...
Dec 15, 2021
What Happens to a Business After Filing a Chapter 7 Bankruptcy?
Businesses dealing with financial difficulties know that bankruptcy will put a stop to harassing or...
Nov 22, 2021
Understanding the Difference Between Chapter 11 & Chapter 7 Bankruptcy
If your business is overwhelmed with debt and struggling to maintain operations, you may be...
Sep 21, 2021
What is Chapter 11 Bankruptcy?
No business ever plans for or seeks to file for bankruptcy protection. Yet, no business planned for...