Businesses in Financial Hardship Should Consider Whether or Not to File for Bankruptcy

The economic crisis resulting from the COVID-19 pandemic has dramatically impacted the financial well-being of many businesses. Although federal and state programs and loans offer some relief, many businesses are finding themselves stretched to their financial breaking point due to government ordered closures and other adverse consequences. As a last resort, an increasing number of companies are considering whether filing for bankruptcy may be a solution to their financial problems.

We here at Rosenn, Jenkins & Greenwald, L.L.P. have considerable experience in representing businesses confronting economic hardship and considering whether to file for bankruptcy. If you own or operate a company currently in financial hardship, feel free to contact Thomas J. MacNeely, Esquire (tmacneely@rjglaw.com) to discuss your options and whether a bankruptcy filing is right for your company.