Bankruptcy for Businesses: The Benefits, Pitfalls, and Alternatives: Steps to Take to Avoid Bankruptcy, Non-Bankruptcy Alternatives, and the New Bankruptcy Code for a Business

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Take Advantage of Bankruptcy ProtectionIf your business is in financial distress and you're considering bankruptcy, ensure you make the right decision with this expert advice from two experienced bankruptcy attorneys. Get the tools you need to determine if bankruptcy is the right move for you. Alternatives and valuable prevention strategies are covered in detail. It's a complete do-it-yourself guide to filing for bankruptcy under the most recent bankruptcy laws.Wang Ekvall and Smiley cover: Nonbankruptcy alternatives that can save your businessHow to determine whether your business is salvageableWhat to expect during your bankruptcy case Maximizing the protections and benefits of bankruptcyRestructuring your financesLiquidating the assets of a business in an orderly mannerGive your business the best possible chance of survival-or cease operations with minimal difficulty-with this professional counseling.Valuable forms include: Voluntary PetitionNotice of Chapter 11 Bankruptcy CaseStatement of Financial AffairsList of Creditors Holding 20 Largest Unsecured ClaimsDeclaration on Behalf of a Corporation or PartnershipDeclaration Concerning Debtor's SchedulesSummons to Debtor in Involuntary CaseOrder for Relief in Involuntary CaseAcceptance or Rejection of Plan, Combined with Notice ThereofClass Ballot for Accepting or Rejecting Plan of ReorganizationAnd moreAnd schedules for: Real PropertyPersonal PropertyProperty Claimed as ExemptCreditors Holding Secured and Unsecured ClaimsExecutory Contracts and Unexpired LeasesCo-debtorsFor 30 years, Entrepreneur has provided the most trusted business advice available to business owners. Our legal guides continue that tradition by offering current and cost-effective legal advice so you can resolve the business and legal issues you face on a daily basis. We also strive to help you identify when it's in your best interest to seek the personalized advice and services of a practicing lawyer.