Category Archives: Bankruptcy – Business

The Sader Law Firm can help businesses file for Chapter 7 and 11 bankruptcy to restructure and erase debts.

Neil Sader recognized in Missouri/Kansas Super Lawyers for 16th consecutive year

The Sader Law Firm would like to congratulate Managing Member Neil Sader on earning in Missouri/Kansas Super Lawyers for a 16th consecutive year. He is recognized for his work in (1) Bankruptcy: Business; (2) Real Estate: Business; (3) Business Litigation; and, (4) Creditor Debtor Rights: Business. Each year, no more than 5% of the lawyers in the state are selected by the Super Lawyers research team for inclusion on the Super Lawyers list. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates, and peer reviews by practice area. The result is a credible, comprehensive, and diverse listing of exceptional attorneys. The Super Lawyers lists are…
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Neil Sader named to 2022 Best Lawyers in America list for bankruptcy litigation

The Sader Law Firm would like to congratulate Managing Member Neil Sader on earning repeat honors in the 2022 Edition of The Best Lawyers in America, a leading U.S. News & World Report-sponsored peer review guide honoring attorneys. He is recognized as a leading Litigation – Bankruptcy practitioner in Kansas City, Missouri. Recognition by Best Lawyers is based entirely on peer review. The organization’s methodology is “designed to capture, as accurately as possible, the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area.” A person receives recognition from Best Lawyers for his or her talent in the legal industry within specific practice areas. Since 1984, Neil has litigated a wide variety of business- and bankruptcy-related matters throughout state, federal and bankruptcy courts in Missouri and Kansas. He takes pride in how he and The Sader Law Firm have built a…
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Should My Business Be Considering Chapter 11 Bankruptcy During the Pandemic?

As a Bankruptcy Lawyer here in Kansas City I am often being asked by potential clients “should my business be considering Chapter 11 Bankruptcy during these very difficult times?”  As one who has practiced in this area of the law since the 1980’s there are several basic guidelines any business owner should use to decide whether a consultation with a bankruptcy attorney is needed, even in good economic times.  Given the Pandemic and disruption to the business cycle, however, this is now a good time for many businesses to evaluate whether these factors apply to its situation today.  Below are among the most important indicators of whether Chapter 11 can be of help.    Is the collateral pledged by your business toward its Bank Loan now worth less than the amount owed?  This is a factor in most every business Chapter 11, however, it is especially relevant now.  For example, if…
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