Perspectives

With the recent economic downturn and the “jobless recovery,” an increasing number of people are opting to hang up a shingle and start their own businesses.  If you are among these entrepreneurial Midwesterners–regardless of whether you are starting a tanning salon or a technological research and development firm–the following is a checklist of things to do: …

Trustees and Creditors: Friends? Enemies? Depends.

Actions by trustees to recover funds expended by a company within 90 days preceding the filing of a bankruptcy are often misunderstood by creditors, be they individuals or businesses.  One of the most common complaints is: “We didn’t do anything wrong, why is the trustee bringing suit?  They still owe us money!” …