Items Tagged with 'bankruptcy'
President Donald Trump on Aug. 23 signed the bi-partisan Small Business Reorganization Act of 2019, which is the most significant change in more than a decade for small businesses seeking to re-organize under Chapter 11 of the U.S. Bankruptcy Code. Read More
LANSING — Michigan is joining a tentative multistate deal with OxyContin maker Purdue Pharma over the company's role in the opioid epidemic. Read More
Ten years ago I stumbled into Grand Rapids — a 25-year-old country kid from Lake Odessa — and founded 616 Lofts. Raised by schoolteachers who built new homes in the summertime, I had the itch and became the first full-time entrepreneur in my family. For eight years (2009-2017), I was 616 Lofts’ CEO. Two years ago I resigned and have since been working on other things, because my journey with the brand I built had come to an end. Read More
I had a client back in the 1970s who had an extremely high IQ. Had it not been for a variable rate SBA loan initiated at 8 percent then rising to 28 percent, we would have been rich. Read More
A specialty gadget store has become the latest victim of a shifting retail landscape. Read More
No one wants to be in the position of filing for bankruptcy. On top of the obvious financial stress and anxiety, those filing for bankruptcy also face the stigma of being considered a “deadbeat” who doesn’t pay their bills. Read More