Will Coronavirus Cause Airlines to Go Bankrupt? What Will Happen Next?

Will Coronavirus shutdowns cause airlines to go bankrupt? What happens next? Read more here. If your company is considering bankruptcy, contact the Dallas Bankruptcy Attorneys at Pronske & Kathman, P.C. to learn about your options.

How a Business Divorce Leads to Reorganization Through Chapter 11 Bankruptcy

When a couple who owned a business together files for divorce, one of the biggest questions involves what will happen to the business. In many cases, the situation will lead to a reorganization through Chapter 11 bankruptcy. Since it is likely filing for Chapter 11 will have been done after the couple has filed for…

How a Business Can Be Saved By a Buyer if They’ve Already Filed Bankruptcy

Businesses file bankruptcy and then get bought out by someone else. What happens next for them? Read the article here. If your company is considering bankruptcy, contact the Dallas Bankruptcy Attorneys at Pronske & Kathman, P.C. to learn about your options.

What Types of Repayment Plans are Available Through Bankruptcy?

The number of options available in bankruptcy for repayment of debt are somewhat limited, but they can always be altered depending on the type of Dallas bankruptcy lawyers that you have working for you. It is always advisable to get Dallas bankruptcy lawyers such as Pronske & Kathman to make sure you get the very best help…

Boy Scouts Filing Bankruptcy: What Their Case May Look Like

The Boys Scouts of America are filing bankruptcy. Corporate and large association cases are very different from individuals. Read more on their case here. If your company is considering bankruptcy, the Dallas Bankruptcy Attorneys at Pronske & Kathman, P.C. to learn about your options.

Forever 21 May File Bankruptcy: What a Business Bankruptcy Case Looks Like

Forever 21 began in 1984 as a small chain of discount clothing stores in California. Founded by Korean immigrant Do Won Chang, the stores originally catered to the large Korean American population of Los Angeles. As the decades passed, Forever 21 moved away from catering mainly to the Korean demographic. Instead, the store began to…

Barneys High Rise Department Stores Seeks a Buyer: What Comes Next

Barneys department store chain moves a step closer to liquidation as the business seeks a buyer. Many may know about the process of bankruptcy that requires companies to sell assets to pay down debt owed to other businesses. What happens, though, in this instance where a corporation searches for a buyer to purchase the company…

When Your Business Starts to Slide Towards Bankruptcy: Talk to an Attorney

Are you thinking of filing for bankruptcy? This is the kind of issue that you should never try to decide without legal counsel. The pitfalls of signing agreements with your creditors without understanding what you are agreeing to should be obvious. The more legal options you are informed about, the better. A firm of expert…

When to Consider Mediation for Your Bankruptcy Case

Are you considering the possibility of filing for bankruptcy? Before you do so, you should get expert legal aid and counsel from bankruptcy attorneys in Dallas Fort Worth. This is your best bet if you want to keep your business. How Can Bankruptcy Attorneys in Dallas Fort Worth Help You? One of the best services…

Benefits of Bankruptcy Mediation

Filing for bankruptcy is never easy. It’s an option that should only be used as a last resort as well. It’s a complex process, but bankruptcy mediation can help to simplify things, so the outcome is satisfactory for both parties. There are a few benefits of bankruptcy mediation you should know. Faster Mediation in bankruptcy…