Business & Commercial Bankruptcy

You might have heard this before, but bankruptcy is not necessarily the end for your business. It is a period of financial restructuring — nothing more and nothing less. How exactly you go about it has a major impact on the next few years of your life and your...

While filing for business bankruptcy can be disheartening, it is also the right choice for many business owners faced with mounting debt. Bankruptcy allows you to get a handle on the financial fallout, which may be impossible to do on your own. Like all business...

Cash flow problems, out-of-control interest and any number of other financial challenges can spell trouble for even the best small enterprises. Luckily, if you are having this type of trouble, there are almost limitless ways in which you could potentially recover. You...

For many New Jersey businesses, the challenge of managing the financial aspects of their organization may influence its longevity and resiliency. Companies that do not have a thorough method for recording their financial movement may not realize where their money is...

When it comes to filing for bankruptcy, many people may erroneously think that there are different plans intended solely for businesses and solely for individuals. A Chapter 11 bankruptcy is one plan that is often associated with businesses, yet it may be utilized by...

Maybe you had a dwindling hope that last year's post-holiday sales could push your company from the red to the black. Sadly, as you enter the second month of the first quarter of 2020, you're forced to confront a dismal reality: Your small business is no longer...

New bankruptcy laws will be taking effect this coming February that can affect small business owners who may want to take advantage of the bankruptcy protections available to them under Chapter 11.Earlier this year, the Small Business Reorganization Act of 2019 was...

While there are several notable financial missteps that companies in New Jersey can make that ultimately require them to file for bankruptcy, there are other reasons why unsettling financial problems may occur that are sometimes out of their control. The ebbs and...

In its heyday, fashion retailer Forever 21 earned a whopping $4.4 billion and made its founders rich beyond their wildest dreams. However, poor expansion decisions and a declining retail climate have resulted in the store filing for bankruptcy. Business...

If there is a certain aspect of a business that isn't performing as well as others, many business owners choose to invest more time and money into it to improve its performance. This isn't always the best strategy, however, as the increased concentration may put...