Recent Blog Posts

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What Happens if a Small Business Chapter 11 Bankruptcy Has to Get Converted Into a Chapter 7?

By Samantha L. Dammer, Esq. |

Many businesses in the Tampa Bay area, like restaurants and retail establishments, realize that they are having difficulty paying their bills and managing the upkeep of the business. In some cases, a business’s financial problems are seasonal. For example, a restaurant might struggle during the spring and summer months when fewer tourists and part-time… Read More »

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Debtor-in-Possession Bank Accounts and Rules: What Happens When You File a Chapter 11 for a Small Business?

By Samantha L. Dammer, Esq. |

What happens when a small business in the Tampa Bay area files for Chapter 11 bankruptcy, in particular the debtor-in-possession bank account? What rules does the debtor have to follow? In order to understand the answers to these questions, it is important to learn more about Chapter 11 bankruptcy for small businesses and to… Read More »

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Collecting a Judgment Against a Corporation After Chapter 7 Bankruptcy

By Samantha L. Dammer, Esq. |

Corporations, as well as individuals, can file for Chapter 7 bankruptcy in order to have debts discharged. For both businesses and consumers who file for Chapter 7 bankruptcy, there are certain protections associated with filing for bankruptcy, including the automatic stay, which prevents creditors from continuing to collect on debts as soon as the… Read More »

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Tampa/Florida Chapter 7 Bankruptcy and What Happens to Liquor Licenses

By Samantha L. Dammer, Esq. |

Many bars and restaurants that open in Tampa end up having significant financial difficulties, and many end up realizing that they have more debts than they can adequately manage. In some cases, restaurants and bars may be able to reorganize their debts through Chapter 11 bankruptcy, which also allows the business to keep its… Read More »

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Chapter 11 for Restaurants and Handling Payroll Taxes

By Samantha L. Dammer, Esq. |

Bar and restaurant owners in the Tampa Bay area know how much effort it takes to run a successful business. Even the most hardworking restaurant owners can struggle with debt, and they may need to seek help from a bankruptcy lawyer in order to get back on track. You will first need to decide… Read More »

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Bar/Tavern Chapter 11 Bankruptcy

By Samantha L. Dammer, Esq. |

Anyone who currently owns or is thinking about opening a bar or tavern in the Tampa Bay area knows just how popular these establishments are with residents and visitors alike. For example, a list on TripAdvisor shows that bars, taverns, and pubs such as Coppertail Brewing Company, World of Beer, Clooney’s Wine Bar, and… Read More »

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Protecting Business LLC Interests in a Personal Chapter 7 Bankruptcy

By Samantha L. Dammer, Esq. |

Business owners in the Tampa Bay area often file for Chapter 7 bankruptcy. In some cases, those business owners have a sole proprietorship, which is a type of business in which company and personal financial assets are linked. In other words, the business is directly tied to the individual, and the individual’s personal debts… Read More »

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Why a Chapter 7 Debtor Should Never Sign a Reaffirmation Agreement

By Samantha L. Dammer, Esq. |

For debtors in the Tampa Bay area who are thinking about filing for Chapter 7 bankruptcy, it is important to learn more about reaffirmation agreements and how they can affect your bankruptcy discharge. As you may know, Chapter 7 bankruptcy is also called liquidation bankruptcy, which refers to the fact that a debtor’s assets… Read More »

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IRS Priority Debt in Chapter 7

By Samantha L. Dammer, Esq. |

Do you owe tax debt to the Internal Revenue Service (IRS), and are you considering Chapter 7 bankruptcy in order to have that debt discharged? If you are thinking about personal bankruptcy due to consumer debts or liquidation bankruptcy for your restaurant or small business in the Tampa Bay area, it is important to… Read More »

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Bankruptcy Fraud and Hiding Assets

By Samantha L. Dammer, Esq. |

Whether you are an individual who is thinking about filing for Chapter 7 or Chapter 13 bankruptcy, or if you are a small business owner in the Tampa Bay area and are considering Chapter 7 bankruptcy or Chapter 11 bankruptcy, it is important to understand how hiding assets could result in bankruptcy fraud charges…. Read More »