Business Bankruptcies Reach Record Highs Amid Pandemic
More U.S. businesses filed bankruptcy in 2020 amid the coronavirus pandemic than in any other year since 2009. Energy, retail and consumer services companies filed
Category: Business Bankruptcy
Business and Bankruptcy: What Chapter Do I Select?
Financial struggles are incredibly common in businesses, especially in 2020. And many entrepreneurs are overwhelmed by how they resolve these struggles. For some, bankruptcy might
Business and Bankruptcy: The Benefits of a Workout
When most people think of the benefits of working out, their minds go to physical health and fitness. They imagine weight loss, lower blood pressure,
Debt Collectors Start Using Social Media for Contact
Debt collectors are intimidating to most people because they rely on invasive techniques to receive payments or funds from certain customers. For extreme collectors, they
Does Business-Related Debt Affect My Personal Finances?
For many entrepreneurs, there is a thin line between your personal finances and your company accounts. However, it begs the question if that means that
Business and Bankruptcy: What Happens to My Lease?
Most business owners rely greatly on their commercial property to host company operations, sell their goods and socialize with their clientele. The property could be
Tips to Manage Finances as a Small Business Owner
For many adults, managing personal finances is already a source of stress. You have to balance income, expenses, vacations and bills all under one single
Business Resilience After Bankruptcy
Most consumers have the wrong perception that when a company files for bankruptcy, they are signaling the end of their history. We’ve seen it with
How Restructures Save Small Businesses
Due to the events of the last three months, many small businesses are taking drastic action to protect and save their companies. Some owners resort
Safeguarding Your Business in Economic Turmoil
The current global crisis has put all business owners on alert as they navigate the new normal for shopping, communicating and interacting with their customers.
