When a business petitions for bankruptcy, the business often requires the use of property that is subject to a creditor's lien. For example, a business that has accounts receivable may need the...
June 12, 2014
Bankruptcy,
Business Bankruptcy
While the process for an assignment for the benefit of creditors (commonly referred to as "ABC") and a business bankruptcy are similar, corporate bankruptcy lawyers are quick to point out that there...
October 4, 2011
Business Bankruptcy
The Impact of Filing Bankruptcy on a Business
The self-employed are always concerned about the impact the filing for bankruptcy may have on their business. To answer the question, it first has to be...