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Monthly Archives: May 2020

ShoppingCenter

Chapter 11 Bankruptcies and Commercial Leases in Shopping Centers

By Tampa Law Advocates |

Shopping centers in the Tampa Bay area house many different types of businesses, from restaurants and bars to retail establishments. When a business in a Tampa Bay shopping center files for Chapter 11 bankruptcy, there are numerous issues that both the business owner and the commercial landlord will need to consider. While the business… Read More »

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Chapter 11 Bankruptcy: How Attorneys Have to Get Court Approval for Payment of Fees

By Tampa Law Advocates |

Chapter 11 bankruptcy is a particular type of reorganization bankruptcy that is used largely by businesses in order to reorganize debt. In some cases, individuals will also file for Chapter 11 bankruptcy if they want to reorganize their debts but do not qualify for Chapter 13 bankruptcy because their secured or unsecured debts exceed… Read More »

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Chapter 11 Bankruptcy and Single Asset Real Estate Cases in Tampa

By Tampa Law Advocates |

If you own a business in Tampa and are considering Chapter 11 bankruptcy, it is important to learn more about how being a single asset real estate (SARE) debtor could impact your case. In short, if you are a SARE debtor, you may need to pay attention to specific time limits and requirements in… Read More »

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Car Titles and Chapter 7 Bankruptcy

By Tampa Law Advocates |

If you are thinking about filing for Chapter 7 bankruptcy in the Tampa Bay area, you probably have questions about how your bankruptcy will affect your personal vehicle. Given that most Tampa residents rely on their vehicles to get to work and to get around the city more generally, the prospect of losing a… Read More »

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Common Misconceptions About Chapter 7 Bankruptcy

By Tampa Law Advocates |

When you have significant debts that you just can’t pay, filing for Chapter 7 bankruptcy might be a good option to help get your financial life back on track. In the Tampa area, consumers with high credit card bills and piling medical debts file for personal bankruptcy everyday. Yet many Floridians have heard myths… Read More »

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Retail Commercial Leases in Chapter 11 Small Business Cases

By Tampa Law Advocates |

If you run a small business in the Tampa Bay area and are considering Chapter 11 bankruptcy, we know that you have many questions about moving forward with your business. For instance, can you keep your business open throughout Chapter 11 bankruptcy? Will any of your business assets need to be liquidated? And perhaps… Read More »

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Chapter 7 for The Small Business Owner

By Tampa Law Advocates |

Chapter 7 Bankruptcy for The Small Business Owner Part One:  Why Would a Small Business Need to File A Bankruptcy? A colleague asked me this morning why a small business would need to file a bankruptcy, instead of simply closing down and walking away.  Of course the owner might be facing personal guarantees for… Read More »

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Exceptions to the Chapter 7 Means Test for Non-Consumer Debt

By Tampa Law Advocates |

When you are planning to file for bankruptcy as a result of your business debts, there are many issues you will need to consider. For instance, what type of business structure do you have, and will bankruptcy result in you filing for personal bankruptcy in addition to filing on behalf of your business? When… Read More »

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How Does a Restaurant Close Down If It Wants to File for Chapter 7 Bankruptcy?

By Tampa Law Advocates |

If you are a restaurant owner in the Tampa Bay area and are planning to file for Chapter 7 bankruptcy, we know that you probably have numerous questions about how to begin the process of closing down your business. What will you do with perishable items? What are you supposed to do with the… Read More »

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Recent Changes to Bankruptcy Law: What You Should Know About the Small Business Reorganization Act

By Tampa Law Advocates |

Recent changes to U.S. bankruptcy law make it easier for small businesses and individuals to file for bankruptcy. More specifically, the Small Business Reorganization Act of 2019 (H.R. 3311), as well as the HAVEN Act (H.R. 2938) and the Family Farmer Relief Act of 2019 (H.R. 2336) have been signed into law and took… Read More »

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