Saving Your Business: How to Survive Chapter 11 Bankruptcy and Successfully Reorganize Your Company

Even in boom times, half of all small businesses fail within the first five years - and two-thirds fail by the seventh year. The fact is, some of these businesses could be saved if the owners simply had more information, telling business owners how to recognize the signs of a failing business before it is too late, how to file for bankruptcy reorganization rather than liquidation, and how to manage a company throughout the bankruptcy process in order to emerge with the business intact, and even stronger. Written from the author's firsthand experience rescuing her own company it explains how to - recognize and solve chronic business problems that could lead to bankruptcy; decide whether or not to file for bankruptcy; select the right lawyer to guide you through the bankruptcy process; communicate with all parties in a bankruptcy, including secured and unsecured creditors, customers and employees; continue to do business with creditors; rebuild a business after a bankruptcy.