A faltering business can lead to a mountain of debt — so much so that you face losing everything you have put all of your time, energy and heart into for years. However, considering or filing a Chapter 11 bankruptcy, especially now, may stabilize your business and put you back on the path to success. The […]
Author: DeMarb Brophy
According to data supplied by the U.S. Bureau of Labor Statistics released by the state Department of Workforce Development (DWD), Wisconsin’s unemployment rate rose to about 5.5 percent in December. In April, due to the impacts of the COVID-19 pandemic, more than 439,000 jobs were lost in Wisconsin. The hiring rate has been rather slow […]
Q1 2021 CNBC SurveyMonkey Small Business Survey indicates the continuing struggle of small business owners despite the second round of the PPP and additional stimulus. Only 55% of owners believe their small businesses will survive another year, down from 67% in Q4 of 2020. The Small Business Confidence Index fell from 48 in Q4 2020 […]
What is the difference between secured debts and unsecured debts? A secured debt has property attached to it as the lender’s collateral, like a home loan or a car loan. An unsecured debt does not. The court treats secured and unsecured debt quite differently in Chapter 7 bankruptcy cases. Most clients can keep all of their […]
Attorney Phillips brings over 13 years of experience representing businesses and individuals struggling financially. He shares his experience and background, especially that regarding Chapter 7 and consumer bankruptcy, in the following Q&A. As always, please reach out to our firm with any questions. You can call us directly at 608-310-5500 or fill out our online contact […]
DeMarb Brophy LLC has been recognized in the 2021 edition of U.S. News & World Report and Best Lawyers ® collaborative “Best Law Firms” rankings. The firm was granted tiered recognition in the practice areas of bankruptcy and creditor/debtor rights, insolvency and reorganization law, white collar criminal defense and general practice criminal defense. Inclusion in the distinguished “Best Law Firms” rankings […]
Today DeMarb Brophy closed on the sale of the assets of a local kombucha company, NessAlla, inside of Chapter 11! The new owners are keeping it local, keeping it operating, and excited to take it to the next level. It’s a great example of some of the ways we can use bankruptcy to make things […]
Congratulations to attorney Rebecca R. DeMarb and attorney Jeffery P. Phillips for continued recognition through this rigorous selection process Due to consistent recognition on Super Lawyers lists, it becomes clear that DeMarb Brophy LLC attorneys Rebecca DeMarb and Jeffery Phillips are strong leaders in their practice areas. Ms. DeMarb has been placed on the annual […]
It is no secret that 2020 has been a difficult year for businesses across our economy. Seemingly overnight, a steady economy was turned upside down by the fallout from the ongoing COVID-19 pandemic, leaving businesses struggling to make ends meet. In a previous post, we pointed out some of the options available to distressed businesses. […]
With ample proof, a police officer who pulls over a drunk driver in Wisconsin can arrest them for operating a vehicle while intoxicated (OWI). You should always plan a sober ride, but when you know how a typical drunk driving traffic stop operates, you’re more likely to stay calm during the process. Besides a breath […]
