Despite your best efforts, your business may fall on hard times. Fortunately, bankruptcy laws are there to help you and your company get back on your feet. No business owner wants to file for bankruptcy, but things happen. If you’re considering filing for bankruptcy as a business, be sure to…
By Alfred Villoch, III, with Savage, Combs & Villoch, PLLC Contrary to pop culture belief, bankruptcy existed long before the game show Wheel of Fortune. Remember when contestants would lose their prize money if they spun the wheel and randomly landed on the ominous black wedge, “BANKRUPTCY”? Bankruptcy also existed…
Filing bankruptcy comes with certain intrinsic promises, which your Securities Fraud Attorney in Tampa can explain. For example, you are promising that you will abide by bankruptcy laws so that creditors can receive as much pay as they are entitled to receive. However, if you do not keep this promise,…
Are you considering filing for bankruptcy? If so, seek the advice of experienced Chapter 11 Attorneys in Tampa who will help you through the process and make sure you select the appropriate type of bankruptcy protection. When your business debts become overwhelming, you need to decide whether you wish to keep your…
The decision to file for bankruptcy is never an easy one. If you are a small business owner, increased competition from large corporations, rising prices, declining consumer interest or any number of factors can conspire to drive your business down leaving you with few options. If you are unable to…
Florida has had a Cost Bond requirement since it was a Territory. As discussed in Part 1 of this article, the Cost Bond statute has not changed much, though the practical impact of the Cost Bond requirement has changed significantly. Still, the Cost Bond Statute is a useful tool in…
By Alfred Villoch, III, with Savage, Combs & Villoch, PLLC On November 12, 2014, the New York Times published an article entitled “Debts canceled by bankruptcy still mar consumer credit scores.” In the article, the author, Jessica Silver-Greenberg, explains that “Tens of thousands of Americans who went through bankruptcy are…
As Tampa bankruptcy attorneys can tell you, every person’s financial situation is unique, so there is no one-size-fits-all solution to dealing with debt problems. However, there are some guidelines that may help you decide whether or not to file for bankruptcy. In general, it is best not to wait until…
By Alfred Villoch, III, Esquire, with Savage, Combs & Villoch, PLLC On November 17, 2014, the United States Supreme Court granted a petition for writ of certiorari in two cases: Bank of America, N.A. v. Caulkett (In re Caulkett), 566 Fed. Appx. 879, 2014 U.S. App. LEXIS 9407 (11th Cir. Fla.,…
Many Bankruptcy Attorneys in Tampa will tell you, people often ask whether or not they should file Chapter 13. The answer is that, every situation is unique and so there is no, one-size-fits-all answer. Bankruptcy Attorneys in Tampa could answer questions and evaluate a debtor’s situation to determine which type…