When a Business Lease is Not a True Lease
Here are the factors for determining whether a business lease is treated as a true lease in bankruptcy or rather as a secured purchase.
Business Leases Recharacterized
A business leases may not be a true lease but rather recharacterized as a secured purchase, giving you significant power over the creditor.
Business Leases of Personal Property
With business leases you have the same options in bankruptcy as with consumer leases: to "assume" or "reject" the lease.
Rents and Profits as Bankruptcy Assets
Beyond considering whether your assets have net value on the date of filing, do they generate rents, profits, or proceeds afterwards?
Making Sense of Bankruptcy: Can Filing a Chapter 11 Reorganization Save Your Business?
Chapter 11 is a powerful way to address a business debt crisis, but because of its detriments must be used extremely selectively.
Making Sense of Bankruptcy: Should You File a Chapter 7 or Chapter 13 Bankruptcy if You Want to Continue Operating Your Business?
If you have a business that you need to continue of operate, choosing the right form of bankruptcy involves risks and opportunities.
Making Sense of Bankruptcy: Should You File a Bankruptcy for Your Closed Business and a Separate One for You Personally?
With a recently closed or about to close failing business, you often can't and seldom need to file a bankruptcy for the business itself.
New Year Resolution #8: Close Down Your Unprofitable Business While Protecting Yourself and Your Assets from Your Debts
If you've decided to close down your business, or would if you could avoid its debts, or had a way to pay its taxes, consider bankruptcy.
A Chapter 7 Can . . . Help You Walk Away from Your Business by Letting Your Trustee Sell Your Last Business Assets to Pay Your Special Debts
Give the bankruptcy trustee the headache of dealing with your final business assets
A Chapter 7 Can . . . Help You Walk Away from Your Business Yet Preserve Your Business Assets
Protect your business assets immediately with the "automatic stay" and permanently with property exemptions.