What is a business workout

Business workouts involve companies devising new business plans that restructure their debt in a manner that will allow them to meet their responsibilities to creditors while also giving them the opportunity to regain their footing and become productive again.
Read More

Types of Business Bankruptcy

In the State of Florida, there are three different types of business bankruptcy that you may utilize. Chapter 11- for most small businesses this is not a good option, but it may be utilized at times. Chapter 13- this is the most common one for small businesses. Chapter 7- if your business is unable to pay its debts, this is often the best choice.
Read More