February 14, 2013
Guest post from business lawyers regarding recovery debt during a recession. It will come as no surprise that debt recovery has become a bigger consideration for businesses during the recession. At times where businesses are cutting costs in an effort to increase turnover and manage cash flow, debt recovery has become a big part of […]
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February 13, 2013
(US commercial law regarding Chapter 11 Bankruptcy). Sometimes a business may have a reasonable chance for future success, but because of overwhelming start-up costs, excessive current debt, numerous lease payments, or any other number of debt issues, the company may be in immediate danger of failure. In these cases, a Chapter 11 bankruptcy petition may […]
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