Bruce H. Levitt, Levitt & Slafkes, P.C. Interviewed On Small Business Show
Levitt Offered Advice On How Small Businesses Should Reopen.
- Newark, NJ (1888PressRelease) July 09, 2020 - Bruce H. Levitt, Managing Partner, Levitt & Slafkes, P.C., was recently interviewed on The Small Business Advocate Show, where he discussed key steps for small business owners to take before and after deciding whether or not to reopen.
During the show, Levitt explained the importance for small business owners to prioritize where their money goes first when they find themselves in a position of financial strain. “There are certain creditors that should get paid first and, unfortunately, there are other creditors that should wait. The landlord, for instance, if the funds are available, especially if there’s PPP (Paycheck Protection Program) funds, should be paid first.”
Bruce also discussed the new Subchapter 5 Bankruptcy for small business owners, implemented in February 2020, which is a Chapter 11 reorganization. “It gives them a relatively inexpensive streamlined process to reorganize the business. The focus is to get these small businesses in and out of bankruptcy in six months or less.”
To listen to the interview, please visit https://bit.ly/3iKCFQD
The Small Business Advocate delivers valuable, expert information to help business owners and managers have the maximum opportunity to be successful.
To speak with and/or set up an interview with Bruce H. Levitt, please contact Amy Delman, Amy Delman Public Relations, LLC, 201.563.4614, or amydelmanpr ( @ ) verizon dot net dot
Levitt & Slafkes P.C. is a professional and compassionate legal firm that handles bankruptcies, foreclosures, loan modifications, and business litigation matters. The firm assists clients in personal and small-business bankruptcy cases as well as other debt issues.
Both Bruce Levitt and Shelley Slafkes have helped thousands with debt issues eliminate debt and save their homes. “We wholly understand the problems debt can cause individuals, families, and small businesses and have a proven track record in solving these issues. We pride ourselves on providing high level and compassionate service to each client we represent. Our lawyers know every situation is unique and important. We fight for each client as if we are fighting for our own home and our own family.”
From getting ready to file or exploring every option, Levitt & Slafkes P.C, carefully explains the bankruptcy process so clients can understand and make informed decisions.
For more information, please contact 973-313-1200 or visit www.levittslafkes.com.
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