Attorney Virginia E. George was recently a panelist at “Behind the Scenes: Evaluating Out-of-Court Workouts, Bankruptcy and Chapter 128 Receiverships”. She engaged in a thoughtful and informative discussion with fellow panelists Katie Mason (Quarles & Brady LLP) and Chief Judge Catherine J. Furay (United States Bankruptcy Court, Western District of Wisconsin).
This will depend on the unique circumstances of your businesses’ finances as well as your own personal goals as a business owner. Most businesses enter Chapter 11 bankruptcy with an eye to rehabilitating their finances by restructuring debts and assets. In many cases, businesses emerge in a stronger financial condition than before declaring bankruptcy. You… Continue reading What will happen to my business if it enters bankruptcy?
Keeping track of spending habits and taking steps to control your finances could make a difference in how you cope with emergencies such as income reduction. When unforeseen and overwhelming circumstances arise, you might also consider obtaining relief through a Chapter 13 bankruptcy. If you reside in Wisconsin, you’re probably spending more on bills than… Continue reading Personal Finance Management and Chapter 13 Bankruptcy
You’ve tried your best to get your finances under control and pay off debts, but financial and mental relief still elude you. There are many benefits of filing for Chapter 7 or Chapter 13 bankruptcy. Once you understand more about your options, it becomes clear how bankruptcy can benefit those in your situation. Chapter 7… Continue reading Bankruptcy Can Be a Helpful Tool for Individuals