Shareholders of a company never want to hear the word bankruptcy because the shares of a company will lose most or all their value. The exchange may delist them during bankruptcy. Investors can still trade securities during bankruptcy in Texas; there's no law to stop...
Standing Tall When It Matters Most
Month: March 2022
Bankruptcy for small businesses
There are many misconceptions about a business filing bankruptcy in Texas. For example, the business doesn't always cease operation, as commonly believed. What happens to the business depends on the type of bankruptcy and the owner's goals. Chapter 7 bankruptcy for...
Debt workouts for commercial real estate
Are you currently struggling to pay your business debts? This is a common issue that many businesses face. If you operate a business in the state of Texas, you have several options. One of them may be a debt workout. What are the terms of a debt workout? The details...
The basic process of Chapter 7 bankruptcy for LLCs
Every Texas business has a limited number of options for eliminating their debts. Filing for bankruptcy is one solution, but it may lead to the liquidation of a business's assets and its final dissolution. There are different advantages and disadvantages for a Limited...