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Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Corporate Bankruptcy Attorney: Los Angeles Based American Apparel Files for Bankruptcy

Los Angeles Based American Apparel Files for Bankruptcy: October On October 5, 2015, American Apparel filed for Chapter 11 bankruptcy in Delaware, capping a 25 year run from wholesaler to controversial retailer of young American fashion. Whether American Apparel emerges from...
How to Delay Debt Payments When You File for Chapter 11 Bankruptcy

How to Delay Debt Payments When You File for Chapter 11 Bankruptcy

Individuals who start companies with little business experience often find themselves overextended or with poorly negotiated contracts that leave them reeling in debt. Managing debt, following proper accounting principles, and collecting on accounts are vital to keeping any...
Giving-Your-Business-a-Fresh-Financial-Start-After-a-Chapter-11-Bankruptcy.

Giving Your Business a Fresh Financial Start After a Chapter 11 Bankruptcy

About 50% of businesses fail in their first 5 years according to Gallup, although a Forbes analysis put the failure rate as high as 80% for new businesses within their first 18 months. Regardless, these figures should not discourage anyone from starting one or even continuing...
Why so many Solar Companies Are Going Bankrupt

Why so many Solar Companies Are Going Bankrupt

Tesla founder Elon Musk recently unveiled a new system of batteries for businesses and homes that he claims will “fundamentally change the way the world uses energy.” The solar industry of tomorrow has indeed seen a big launch in the 21st Century, and big companies like SolarCity...
How A Bankruptcy Attorney Can Help You Restructure Your Business

How a Bankruptcy Attorney Can Help You Restructure Your Business

Consulting and retaining a bankruptcy attorney will provide advice and direction that can help reorganize a business in financial distress.  A bankruptcy attorney will help you decide which type of bankruptcy filing is best for your business.  Businesses in financial despair will...
Can Creditors Go After My Assets if I file for Bankruptcy on Behalf of My Company?

Can Creditors Go After My Assets if I file for Bankruptcy on Behalf of My Company?

There are several reasons why a company or its owner or directors may wish to file for bankruptcy. The type of bankruptcy or chapter in the bankruptcy code under which you may file on behalf of your company depends on your company’s business structure or whether it is a...