Chapter 11 bankruptcy is the most complicated type of bankruptcy, and a reorganization plan is an essential element of it. Here’s some information on both.
Understanding the basics of Chapter 11 Bankruptcy is the first step in determining if this path is right for you. The next is understanding if you can keep any assets. This post explains more.
Understanding the basics of Chapter 11 Bankruptcy is the first step in determining if this path is right for you. The next is understanding if you are eligible to file as a business or individual. This post explains more.
Filing for Chapter 11 bankruptcy in Arkansas is somewhat straightforward. This is known as a “reorganization bankruptcy,” which aims to keep the business solvent and profitable through various potential means.
Although rare, HOAs can go bankrupt. Typically, failing HOAs will file for Chapter 11 bankruptcy to internally work out their issues or get help from an appointed trustee. Members of the HOA can be involved in this process, depending on the specific situation.
If debt collector calls are driving you crazy, here are some ways to make them stop.
There are several downsides to think about when considering Chapter 11 bankruptcy. Business owners across Arkansas should review the factors listed in the post when making their own decisions about moving forward with the Chapter 11 process.
There is plenty to think about for Arkansas business owners considering Chapter 7, 11, or 13 Bankruptcy. This post outlines three initial things to think about, along with broader considerations about the state of the business in question. In any case, Natural State Law is here to help.
Understanding how bankruptcy will affect your employees is crucial as you consider filing. Employees are entitled to certain protections and compensation that will affect the overall value and cost-cutting of Chapter 7 or Chapter 11.
The Consolidated Appropriations Act of 2021 changed some provisions of the bankruptcy code that could affect small businesses in 2021. Other changes due to recent sunset provisions may affect small business eligibility for Chapter 11 Subchapter V filing going forward. It’s important to have a qualified bankruptcy attorney to help guide you through the process, and Natural State Law is an excellent resource.