The U.S. Small Business Administration (SBA) has announced a major policy shift to allow small businesses in bankruptcy proceedings to receive PPP loans. Previously, filing bankruptcy was one of the many conditions that disqualified a business from tapping the funds. But now, for Chapter 11, 12 and 13 filers, PPP funds may be available as …
Continue reading “PPP Loans Now Allowed to Businesses in Bankruptcy”
The COVID pandemic has forced a large number of restaurants into bankruptcy 1. Of course, the restaurant industry heavily relies on a system of franchising to conduct operations. Franchisors sell the rights to operate using their brand and trademarks. Franchisees are independent business owners who conduct their operations under the terms of the agreement. Because …
Continue reading “Impacts of Chapter 11 Bankruptcy on Franchise”
In 2020, Chuck E. Cheese ran out of tokens. The pizza and entertainment company filed for Chapter 11 bankruptcy protection as the COVID-19 pandemic brought its in-person, interactive business model to a halt. Following complex legal procedures and a large number of filings, the company emerged, having shed $705 million in debt and improving its …
Continue reading “What Businesses Going Through Bankruptcy Can Learn From Chuck E. Cheese”
COVID-19 foreclosure avoidance programs have provided welcome relief for residents of Nevada during the pandemic. Avoiding foreclosure is on the minds of many. There are programs available to Nevadans that can help. The Home Means Nevada programs and the Hardest Hit Fund are two opportunities that may fit Nevada homeowners’ needs. Does Nevada Have a …
Continue reading “COVID-19 Foreclosure Avoidance Program in Nevada”
The COVID pandemic has changed the ways that people do business. Business owners today need new strategies to survive and thrive in a post-COVID world. Part of thriving is having a concrete plan to avoid bankruptcy. Our Las Vegas bankruptcy lawyers have 16 tips for safeguarding your business from bankruptcies in a post-COVID world. 1. …
Continue reading “Safeguards Against Business Bankruptcies in a Post-COVID World”
Texas flag (U.S. state) Gun Control USA. United States Gun Laws.With more than 5 million members, the National Rifle Association (NRA) commands a presence wherever it goes. Founded in 1871 in New York, the organization seeks to improve marksmanship skills and defend gun ownership rights. However, the NRA may soon be carrying out its mission …
The Las Vegas Monorail closed its doors for months when the COVID-19 pandemic hit, but it’s finally getting a fresh start. The Las Vegas Convention and Visitors Authority (LVCVA) purchased the Monorail in December 2020. Now, there are big plans to expand services with the help of the Boring Company and its founder, Elon Musk. …
Continue reading “Boring Company Poised To Expand on Bankrupted Las Vegas Monorail”
Most people use an attorney to file for bankruptcy. However, if you’re determined to go it alone, you need to make sure that you get it right. Here’s how to file for bankruptcy without an attorney. 1. Determine What Chapter to File To file for bankruptcy without an attorney, you must start by determining what …
Continue reading “How to File For Bankruptcy Without An Attorney”
No one hopes for a bankruptcy. The word alone often ignites feelings of anxiety and dread. However, bankruptcies are nothing to feared or be ashamed of, as they can often alleviate an extraordinary amount of stress and debt and give you hope again. Further, the stereotype of an individual “losing everything” during a bankruptcy is …
Continue reading “Bankruptcy For Independent Business Owners”
Let’s clear up a bit of information about the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and how that might affect your bankruptcy filing. If you, as an eligible individual, filed a single 2018 tax return, you may receive up to $1,200 or $2,400 if you filed jointly. The exact amount you receive …
Continue reading “Will My COVID Stimulus Check Affect My Bankruptcy Filing?”
Half Price Lawyers
732 S. 6th Street Suite 100
Las Vegas, NV 89101
