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What small businesses and their owners need to know about the new Chapter 11 Sub-chapter 5
What is Sub-chapter 5 The Sub-chapter 5 of Chapter 11 Bankruptcy is a legal mechanism that allows companies and owners in financial duress to reorganize their finances and operations into a repayment plan that will
4 Signs you are headed towards bankruptcy
People think that filling for bankruptcy is abrupt. One day you are living your life as usual, the next you are selling everything you ever owned so your debtors won’t sue you into oblivion. Yet,
Debunking 6 Myths About Bankruptcy
Bankruptcy is often misunderstood, leading many to shy away from this valuable financial tool out of fear and confusion. In reality, bankruptcy can provide a fresh start for individuals overwhelmed by debt. Unfortunately, myths about
Jensen Beach Bankruptcy Lawyer for Your Legal Needs
Are you overwhelmed by debt and struggling to make ends meet? If you’re facing financial challenges in Jensen Beach, Florida, it may be time to consider bankruptcy as a viable solution. Filing for bankruptcy can
Finding the Right Port St. Lucie Bankruptcy Lawyer
Navigating the complex world of bankruptcy law in Florida’s Treasure Coast can be overwhelming, but with Jon L. Martin, Attorney at Law by your side, you can find a way out of financial turmoil. Here
Jon L. Martin: Your First Choice for a Florida Bankruptcy Lawyer
When it comes to navigating the complex world of bankruptcy, there’s one name that stands above the rest – Jon L. Martin. With 40 combined years of experience in business and bankruptcy and a deep
Bankruptcy Lawyer Insights: Navigating Debt Solutions in Florida
Are you struggling with overwhelming debt and financial hardship? The process of filing for bankruptcy can be daunting, but it doesn’t have to be. With the help of our skilled bankruptcy lawyer, you can navigate
Save Your Small Business – SBRA / Subchapter 5 in Chapter 11
Help your Clients Get Relief from Personal Guarantees on Business Debt thru the SBRA. More and More Small Business Owners are struggling with debt not only on their business but personally as well. That’s because
Eliminate small business debt and personal liability
New Subchapter V Saves Local Trucking Company The case referred to above was filed shortly after the new law went into effect and was recently confirmed as a Consensual Plan resulting in cash flow savings
Retirement Funds “Safe” in Bankruptcy? Not so fast!
Everyone “knows” 401K funds, IRA’s and other Retirement funds are exempt in bankruptcy, “. . . to the extent that those funds are in a fund or account that is exempt from taxation under section
Chapter 12?
Most people think Bankruptcy falls under either Chapter 7 or Chapter 13. These are the basic consumer formats. Chapter 7 is basically a straight liquidation of non-exempt assets; while Chapter 13 supposedly allows a debtor to retain non-exempt assets through
Seniors: The Next Wave of Bankruptcies?
The rate of people over the age of sixty-five who are filing bankruptcy has more than tripled since 1991, according to recent study done by the “Consumer Bankruptcy Project”. Continuing at the current rate, Bankruptcy Courts will