Chapter 11 Bankruptcy

Owning and operating a business can be a complicated and financially risky endeavor. The nature of any type of business means you are vulnerable to various factors that could affect your customer base, profits, supply costs and more. You may find that these factors...

When a business begins to struggle financially, it can be an anxious time for an entrepreneur. Many Pennsylvania business owners may take drastic actions like trying to sell their companies or taking out personal loans to cover their business debts. These steps may...

Businesses in Pittsburgh that are experiencing financial struggles might think that closing the business and moving on is the only alternative they have. They might be moderately aware of the possibility that Chapter 11 bankruptcy might help them, but, for whatever...

Running a business in Pittsburgh and across Pennsylvania requires a certain amount of risk. Business can ebb and flow and that can cause problems for many owners. In some cases, this can lead to overwhelming business debt and problems making the necessary payments. A...

There are certain terms and parts of a Chapter 11 filing that might be difficult to understand. An important part of a Chapter 11 case is the determination of how the business should be classified and if it is a small business and a small business debtor.When the U.S....

Chapter 11 is a strategy that Pennsylvania debtors might try to use when they are seeking debt reorganization. It is beneficial for business owners who would like to keep the business going, but want to keep the financial issues of the business separate from the...

Debtors in Cranberry Township, and throughout Pennsylvania, will have their own reasons for filing Chapter 11 bankruptcy. One that is frequently cited is to stop the debt collection attempts. These can be notoriously aggressive and cause fear and consternation in the...

Pennsylvanians who are experiencing financial problems and are considering Chapter 11 bankruptcy to maintain business operations while a debt reorganization is taking place should understand the various aspects of the process. In some instances, the debtor would like...

When companies in Pennsylvania and elsewhere are dealing with business debt, the process often overwhelms business owners. While this is a natural response to an often serious and major business move, it is important to note that it does not only impact those in...

Dealing with debt is never a pleasant experience. This is true on both a personal and business level. For business owners in Pennsylvania, dealing with business debt could risk the longevity of the company. Therefore, it is important to understand what debt relief...