A financially troubled business is like a plane that's lost power. The odds of a happy
ending aren't great, but not all planes that lose power crash in a ball of flames. Sometimes
the pilots find a way to safely land, while other times everyone relies on their parachute.
Explore the bankruptcy tools available to financially distressed businesses, and learn how to use
them to minimize the financial fallout to the business owners.
Find out more about common financial problems companies face, such as:
- Withholding and payroll taxes
- Sales taxes
- Unemployment & worker's compensation
- Contractor theft claims
- Personal guaranties
In addition, understand the risks of acquiring the assets of a financially troubled company.
Know how a shareholder's individual bankruptcy filing can affect the interests of the other
Krekeler Strother, S.C
Benjamin P. Payne
Hanson & Payne LLC
Bankruptcy, Insolvency and Creditors' Rights (BICR)
Business Law Section
Solo and Small Firm