Small Business Bankruptcy

The Trap of Merchant Cash Advances and Financing

09/22/22

If you have a business, you have no doubt received advertisements for “merchant cash advances,” “merchant loans” or “merchant financing,” whether or not those specific terms are used.  If in doubt, just do a search for those terms and you will get a couple pages of sponsored ads (but be warned the big brother of the internet will flood you with ads after that).  Based on cases I have now, and calls I have received, business has picked up considerably for those

[more]

New Chapter 11 Filing Alert – Governors Gun Club Kennesaw, LLC

08/19/22

The Governors Gun Club of Kennesaw  filed a Chapter 11 case in the Northern District of Georgia on August 17, 2022. Case No. 22-20787-jrs. The reason for the filing, as stated in pleadings filed with the Court –

[more]

Small Business Reorganization After Covid-19 Pandemic: Better and Cheaper Options

06/16/20

In a recent article the New York Times, citing a poll, rather pessimistically stated that more than 40% of the small businesses in the country could close permanently in the next six months http://www.georgiabankruptcyblog.com/files/2020/06/etrerr-1-300x200.jpg 300w, http://www.georgiabankruptcyblog.com/files/2020/06/etrerr-1-640x427.jp

[more]

Can I File A Chapter 7 Bankruptcy For My Small Business Only?

12/01/12

The Small Business Entrepreneur:  He employes half of all private sector employees, pays 44 percent of total U.S. private payroll, and has generated 65 percent of net new jobs over the past 17 years.

[more]

Alternatives to Mortgage Foreclosure in Montana

02/09/12

“A full-fledged recovery in the housing sector will likely elude the U.S. in 2012.” — Frank Nothaft, chief economist for mortgage-finance company Freddie Mac A rising number of foreclosures and a stagnant economy add up to another difficult year for Montana homeowners. If you are one of the thousands of Montana homeowners in danger of [...]

[more]

Cagle's Farms Files Chapter 11 Bankruptcy Petition In Georgia; Reclamation Claims Filed.

10/26/11

Cagle's Farms filed Chapter 11 Petitions in the Northern District of Georgia on October 19, 2011.  The related cases are In re Cagle's, Inc. (dba Integrated Poultry Company), Ch. 11 Case No. 11-80202 and In re Cagle's Farms, Inc., Ch. 11 Case No.

[more]