Tag Archives: Bankruptcy for Small Business
Tampa Businesses Struggling with EIDL Loans: How Chapter 7 Bankruptcy Can Prevent Treasury Collections
TAMPA, FL — As pandemic-era relief programs wind down, many small businesses in Tampa find themselves in a financial bind. One major source of distress: Economic Injury Disaster Loans (EIDLs). These federal loans, issued by the U.S. Small Business Administration (SBA), provided vital funding during COVID-19 shutdowns — but now, thousands of Tampa… Read More »
Chapter 7 Bankruptcy on a Small Business: What Will Happen to the Business Equipment?
If you own a small business in the Tampa Bay area and are thinking about filing for Chapter 7 bankruptcy, we understand that you have questions about what will happen to the business property. For instance, if you small business is a restaurant in downtown Tampa and you have a substantial amount of kitchen… Read More »