By Scott Riddle Posted in News and Comments,Northern District Cases“It has been said that, in many bankruptcy cases, there are no good alternatives, only less bad ones. As financial realities in this case took hold, it became clear that, for most creditors, including the objectors, there were not even “less bad” alternatives. The Court is saddened that it can offer only an explanation for… Continue Reading
By Posted in News and CommentsLawyers who handle Chapter 11 Bankruptcy cases for small to medium size businesses usually address these questions in the initial conversation with potential clients. "How much is a Chapter 11 case?" "Why is it so expensive?" "I just want to stop the foreclosure/lawsuit/collection, then we can dismiss." "Can’t I pay a little over time?" While… Continue Reading
