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Archives of #bankruptcy

How to File for Bankruptcy – US News and World Report

US News and World Report – Pack Law – How to File for Bankruptcy – media clip – 10.15.2020 By Geoff Williams You didn’t expect to be reading this article, and it’s the last thing you want to read. Very few people think to casually read up on filing for bankruptcy, so if you’re here, […]...

Wrinkle in Real Estate Bankruptcy Law Leaves Room for Pandemic Cases

Single-asset real estate filings fast-track bankruptcy reorganizations giving distressed borrowers 90 days to come up with a loan restructuring plan that the lender may not like. By Lidia Dinkova| July 17, 2020 at 10:02 AM LINK TO ARTICLE: Wrinkle in Real Estate Bankruptcy Law Leaves Room for Pandemic Cases _ Daily Business Review L-R: Luis […]...

Assessing the State of and Options for Your Business During COVID-19 Fallout

In these days of “unprecedented times,” during which American businesses have been hit hard by COVID-19, business owners are struggling to determine how to be proactive and arm themselves for the economic threats that are still to come. By  Joseph Pack for the Daily Business Review | July 07, 2020 at 09:22 AM https://www.law.com/dailybusinessreview/2020/07/07/assessing-the-state-of-and-options-for-your-business-during-covid-19-fallout/ In these […]...

Many Small Businesses Question Whether to File for Bankruptcy

https://www.nbcmiami.com/news/local/many-small-businesses-question-whether-to-file-for-bankruptcy/2245692/ As businesses across South Florida reopen, for some it’s just not enough. Many small business owners are now faced with a tough decision whether to file for bankruptcy or not. NBC 6 Anchor Sheli Muñiz spoke to business bankruptcy attorney, Joseph Pack with Pack Law about the options. SHELI: What do you tell companies […]...

Coronavirus financial pressure: When should a small business consider filing for bankruptcy

A new, streamlined bankruptcy option makes the process less daunting, and less expensive for small businesses By Brittany De Lea – FOXBusiness Coronavirus-related stay-at-home, lockdown and social distancing measures have put pressure on small businesses throughout the U.S., which means some business owners may want to explore a formal restructuring through bankruptcy. Joe Pack, an […]...

CARES Act expands small business access to less expensive, quicker bankruptcy option

Here’s what you need to know about Chapter 11’s new Subchapter V. By Brittany De Lea – FOXBusiness As the coronavirus pandemic weighs on businesses around the U.S., a new bankruptcy option that was expanded under the CARES Act may be able to help some small businesses navigate the crisis. Companies around the country have […]...