Showing results by author "Neil Goldstein" in All Categories

The corporate bankruptcy process is explained by seasoned bankruptcy attorneys, consultants, judges and companies who have filed for bankruptcy. It begins with what is bankruptcy, to who should file, how to find the best attorney, what forms to file, what happens to the company after the filing, the plan to exit and how it all works.

Filing for bankruptcy can save a company, but it’s an onerous and unpredictable process. Bankruptcy costs a lot of money and time. Lawyers are required at every step and management needs to find new financing when the financing is frozen. There’s a chance that the court may not approve the recovery plan or that a third-party management company can take over. Elementary Business has created an alternative to bankruptcy - the “Informal Plan”. We’ve used it over 20 times to save companies in trouble. There’s no court, no trustee, no creditor committees, and far lower legal expenses.

9 Lessons for Business Success was written by a veteran of the business world with over 40 years of work experience. Each chapter highlights an important area of operating a business.