by admin | Nov 13, 2025 | Bankruptcy
When a business or individual files for Chapter 11 bankruptcy in Florida, it signals an intent to reorganize debts while continuing operations under the supervision of the Bankruptcy Court. For creditors—whether landlords, lenders, vendors, or...
by admin | Nov 4, 2025 | Bankruptcy
When an individual or business files for Chapter 7 bankruptcy, the case begins with a detailed financial disclosure submitted to the Bankruptcy Court. The purpose of the filing is to obtain a discharge of qualifying debts, which permanently eliminates the debtor’s...
by admin | May 7, 2021 | Bankruptcy
Chapter 7 bankruptcy, the most common type of bankruptcy filing, is a liquidation for a person or business. The petition (bankruptcy) filing asks the bankruptcy court to grant the debtor (person filing the bankruptcy) a discharge. The discharge is a...
by admin | Apr 14, 2020 | Bankruptcy
THE AUTOMATIC STAY PROTECTION START WHEN THE CASE IF FILED The automatic stay is a prohibitive injunction that prevents collection efforts by creditors after the filing of a bankruptcy case. In plain English, this stay legally prevents creditors from calling,...
by admin | Mar 24, 2020 | Bankruptcy
During tough times, many business owners decide to wind up their existing business to move onto other opportunities rather than keep operating a business at a loss. Some reasons for closing or winding up a business may include, but are not exclusive to, the following:...
by admin | Mar 12, 2020 | Bankruptcy
A bankruptcy discharge is the goal of any bankruptcy filing and is entered at the end of the case. The discharge releases the debtor from the specific types of debts that were included in the bankruptcy and where a creditor received notice of the case. The order of...
