Author Archives: Jay Butchko
The Chapter 7 Bankruptcy Alternative: Non-Bankruptcy Debt Workouts
The possibility of filing Chapter 7 bankruptcy can bring anxiety, fear of the unknown, and a feeling of failure. However, the reality is that bankruptcy does just the opposite for those who are able to successfully get relief. Bankruptcy helps get people back on track financially and helps them resolve their debts. Since filing… Read More »
What You Need to Know About the New Bankruptcy Amendments
In our last article about the bankruptcy amendments, we addressed the Small Business Reorganization Act (SBRA) that was signed into law by President Trump on August 23, 2019. However, the SBRA was not the only amendment that came to life that day. Additionally, two more amendments were made to the bankruptcy code. These amendments… Read More »
What You Need to Know About the New Bankruptcy Amendments
In our last article about the bankruptcy amendments, we addressed the Small Business Reorganization Act (SBRA) that was signed into law by President Trump on August 23, 2019. However, the SBRA was not the only amendment that came to life that day. In addition, two more amendments were made to the bankruptcy code. These… Read More »
Do I Need a Florida Fictitious Name for My Business?
Many times for some businesses you will see an LLC or Corporate business name, and then right next to it, you will see another business name. Later, you may see the same LLC with an entirely different business name than the one you saw initially. How and why are they doing this? It’s simple…. Read More »
A Florida Business & Corporate Law Requirement: Bylaws
Florida corporations are popular business entities. They are standalone institutions, apart from their owner or owners and have several benefits. But corporations require something that some business entities do not require – corporate bylaws. Bylaws are the foundation to the structure and operation of a corporation and Florida’s business and corporate laws require each… Read More »
When Should My West Palm Beach Business Consider Chapter 11 Bankruptcy?
There may come a time when your West Palm Beach business falls on hard times financially. After all, many of the major businesses in America today have filed for Chapter 11 bankruptcy. One of the options many business owners consider is filing Chapter 11 bankruptcy to reorganize the debt it has accrued in order… Read More »
Understanding the Basics of a Florida Corporation Business Formation
The latest report from the Florida Department of State, Division of Corporations shows that there are 818,067 corporations in our state. This does not include nonprofit corporations and foreign corporations. As you can see, the corporation is a popular form of business entity due to its many benefits and advantages — the primary reason… Read More »
New Chapter 11 Bankruptcy Amendment to Come in February 2020
The Small Business Reorganization Act became law on August 23, 2019, upon signature from the President of the United States, Donald J. Trump. The new law helps small businesses by making amending the Chapter 11 bankruptcy process to remove its costly aspects such as disclosure statements and make it simpler for small business debtors…. Read More »
What to Do Before Entering into a Commercial Lease Agreement
Many businesses today begin in homes, in the garage and sometimes out of the trunk of cars. Every business owner dreams of having their own office once their business grows to a point where the home office or garage is no longer a good fit for the business. The following are certain factors that… Read More »
Home Loan Modification Basics
There may come a time in your life when money is tight and you find yourself struggling to pay your mortgage. Rather than going into default and facing foreclosure, there may be other options you should pursue if you have a history of late payments on your mortgage. A loan modification can help you… Read More »
