Business & Development
Its never good news when the bankruptcy business is booming.
As a bankruptcy attorney, Dennis J. Shaffer sees people at one of the most challenging times in their lives. And with the pandemic-hobbled economy, hes getting busier. Take, for example, his client in the personal service industry (who, understandably, asked that their name be withheld).
It was almost a year ago, shortly after the coronavirus first landed on our shores, that the client started having trouble paying the business bills, including loan payments. In January, I realized that the debt structure was increasingly tough to stay current with, the client says.
The bu…
Read the full article at: https://www.baltimoremagazine.com/section/businessdevelopment/bankruptcy-wave-continues-pandemic-financial-emotional-stress/