Author Archives: Jay Butchko
Keeping Control of Your Business as a Debtor-in-Possession in Chapter 11 Bankruptcy
When you own a business in the Tampa Bay area and you are thinking about filing for Chapter 11 bankruptcy, you might be wondering whether and how you will be able to retain control of your business. As a website for the United States Courts explains, Chapter 11 bankruptcy cases are known as “reorganization”… Read More »
Fraudulent Transfers and Chapter 7 Bankruptcy
If you are thinking about filing for Chapter 7 bankruptcy in the Tampa area, it is important to understand limitations on property transfers and what might be considered fraud. Under 11 U.S. Code § 548, debtors have certain obligations with regard to property transfers before they seek bankruptcy protection. Generally speaking, debtors cannot transfer… Read More »
Chapter 11 Bankruptcy for Individuals Who Want to Keep Investment Real Estate
If you own a business in the Tampa Bay area and are thinking about filing for bankruptcy, you probably have a number of questions about what will happen to your property. As you may know, a business owner has different options for bankruptcy protection. Typically, if you own a restaurant or another type of… Read More »
Real Estate Transfers Before Bankruptcy
Are you considering filing for bankruptcy in the Tampa Bay area? You may need to think carefully about any recent real estate transfers you have made or any real property transfers that you are thinking about making before filing. In short, if you transfer real property in relatively close time proximity to filing for… Read More »
Bankruptcy Liquidation for Tampa Restaurant and Bar Owners
If you currently own a restaurant or bar in the Tampa Bay area and are struggling to keep your business solvent, you may be thinking about filing for bankruptcy. It is important for small business owners to understand the different forms of bankruptcy protection for which they may be eligible, and to understand the… Read More »
Business Debts Versus Consumer Debts in Bankruptcy
Making the decision to file for bankruptcy can be a difficult one, regardless of the types of debts you have incurred that have put you in a financially untenable position. For Tampa business owners, it can be complicated to categorize your debts as consumer debts or as business debts. But it is extremely important… Read More »
Proposed Changes to Florida’s Time-Sharing Laws
If you live in the Tampa Bay area, you might have heard rumblings about proposed changes to Florida’s alimony law. Indeed, legislators have been working on an alimony overhaul for quite some time, and it looks as though it might have enough support to pass. However, what you might not know is that the… Read More »
Learning More About Wage Garnishment and Bankruptcy in Tampa
What is wage garnishment, and how does it impact debtors in the Tampa Bay area? To better understand the situations in which your wages can be garnished, and the ways in which filing for personal bankruptcy may be able to provide you with some protection from wage garnishment, we should take a closer look… Read More »
Learning More About the Automatic Stay in Bankruptcy
If you are thinking about filing for Chapter 11 bankruptcy in the Tampa Bay area, it is important to understand the protections offered by this form of bankruptcy. One of the most significant protections is the automatic stay. Under 11 U.S. Code § 362, seeking bankruptcy protection can prevent creditors from taking certain actions… Read More »
The Automatic Stay, Commercial Leases, and Restaurant Bankruptcy
What do you need to know about the automatic stay if you are a restaurant owner considering bankruptcy? For many restaurant owners in the Tampa Bay area who file for Chapter 11 bankruptcy, there are a number of questions about how your landlord’s actions for past rent may change as a result of bankruptcy… Read More »
