by Mark J. Markus | Aug 29, 2020 | business/corporate, chapter 11, chapter 7
Should Your Business File Bankruptcy? Many businesses are failing due to the COVID-19 Pandemic, especially small businesses. Business owners are faced with the difficult decision of whether to try to save their business, or fold up and close. I get many calls each...
by Mark J. Markus | Jun 8, 2020 | Bankruptcy Law, business/corporate, chapter 11, chapter 13, chapter 7
The COVID-19 pandemic is wreaking havoc on small businesses. “Mom and Pop” stores and other small businesses are the most affected and least likely to survive the downturn in business. Employees are being laid off, businesses are closing, and vendors of ...
by CMoran | Jul 15, 2013 | bankruptcy attorneys, business/corporate, debts in bankruptcy, General Issues, Miscellaneous
From the outside, it was obvious for several years that the business collapse meant the owner needed to file bankruptcy. A middle aged father, he was now working for wages after shutting down the business. He had a home with equity. Vendors and taxing authorities were...
by Mark J. Markus | Jul 11, 2012 | business/corporate, Chapter 9, Miscellaneous, Unique Issues
Sometimes folks, bankruptcy is necessary. For people like you and me. For corporations. For partnerships. Railroads. Airlines. And even cities. Yes, cities, counties and any subdivision of a state. The San Bernardino Bankruptcy Filing This past week the city of...
by Mark J. Markus | Aug 2, 2010 | Bankruptcy Law, business/corporate, chapter 11, chapter 7
Does Your Corporation LLC LLP Need To File A Bankruptcy Case? When, or if, to file bankruptcy for a corporation (or partnership or LLC) is the subject of major confusion among many corporate owners and officers. There are only two bankruptcy choices for a corporation:...
